Direction for Payment of Proceeds: authorities may specify the recipient when instruments are irrelevant in investigation or appeal. When a draft, cheque or other instrument is found not relevant during investigation, adjudication or appeal under the encashment rules, the investigating, ... Summary
Direction for Payment of Proceeds: authorities may specify the recipient when instruments are irrelevant in investigation or appeal.
When a draft, cheque or other instrument is found not relevant during investigation, adjudication or appeal under the encashment rules, the investigating, adjudicating or appellate authority shall pass an order specifying the person to whom the proceeds of that instrument are to be paid.
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