Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>Deposits under scheme credited to Bonds Ledger Account; certificate issued; funds moved to Reserve Fund under government rules</h1> Deposits under the specified scheme are credited to the declarant's Bonds Ledger Account maintained by the Reserve Bank of India. The declarant receives a certificate of deposit in a prescribed form. The Reserve Bank of India transfers the deposits collected under the scheme into a designated Reserve Fund within the Public Account of the Government of India.