Bond encashment: eligible political parties must deposit bonds in designated bank accounts; unclaimed bonds go to relief fund. Encashment of electoral bonds is restricted to an eligible political party, which must deposit the bond proceeds into its designated bank account; bonds ... Summary
Bond encashment: eligible political parties must deposit bonds in designated bank accounts; unclaimed bonds go to relief fund.
Encashment of electoral bonds is restricted to an eligible political party, which must deposit the bond proceeds into its designated bank account; bonds not encashed within the validity period must be transferred by the authorised bank to the Prime Minister Relief Fund.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.