Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Producer company investing general reserves only in approved deposits, government bonds, co-operative shares, and Trusts Act section 20 securities.</h1> A Producer Company is required to invest amounts drawn from its general reserves only in specified permissible instruments and institutions. Permitted avenues include approved securities, fixed deposits, units or bonds issued by the Central or State Governments, co-operative societies, or a scheduled bank; deposits with co-operative banks including State, Central, and co-operative land development banks; deposits with any other scheduled bank; securities covered by section 20 of the Indian Trusts Act, 1882; shares or securities of any inter-State co-operative society or other co-operative society; and shares, securities, or assets of public financial institutions under section 2(72) of the Act. The operative effect is to restrict general reserve investments to these regulated, enumerated categories.
TaxTMI 
TaxTMI 
