Commission for mobilizing subscription requires receiving offices to share substantial commission with agents procuring subscriptions. The provision prescribes that the commission for mobilising subscription towards these bonds shall be paid at a fixed rate on total subscription received by the receiving offices, and that receiving offices shall share at least 50% of the commission so received with the agents or sub agents for the business procured through them.
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.
Commission for mobilizing subscription requires receiving offices to share substantial commission with agents procuring subscriptions.
The provision prescribes that the commission for mobilising subscription towards these bonds shall be paid at a fixed rate on total subscription received by the receiving offices, and that receiving offices shall share at least 50% of the commission so received with the agents or sub agents for the business procured through them.
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