Form of deposits: deposits held in a Bonds Ledger Account with RBI, certificate issued, funds transferred to public reserve fund. Deposits under the Pradhan Mantri Garib Kalyan Deposit Scheme, 2016 shall be held to the credit of the declarant in a Bonds Ledger Account maintained with the Reserve Bank of India; a certificate of holding shall be issued in Form I; and the Reserve Bank of India shall transfer deposits received under the Scheme into the designated Reserve Fund in the Public Account of the Government of India.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Form of deposits: deposits held in a Bonds Ledger Account with RBI, certificate issued, funds transferred to public reserve fund.
Deposits under the Pradhan Mantri Garib Kalyan Deposit Scheme, 2016 shall be held to the credit of the declarant in a Bonds Ledger Account maintained with the Reserve Bank of India; a certificate of holding shall be issued in Form I; and the Reserve Bank of India shall transfer deposits received under the Scheme into the designated Reserve Fund in the Public Account of the Government of India.
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