Commission for mobilizing subscriptions: payment and mandatory sharing with agents under Sovereign Gold Bond Scheme. A commission for mobilizing subscription to the Sovereign Gold Bond Scheme is payable to Receiving offices at a prescribed rate on total subscriptions, and Receiving offices must share at least 50% of that commission with agents or sub agents who procured the business; all other terms and conditions in the earlier Government of India notification shall apply to bonds issued under this scheme.
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 subscriptions: payment and mandatory sharing with agents under Sovereign Gold Bond Scheme.
A commission for mobilizing subscription to the Sovereign Gold Bond Scheme is payable to Receiving offices at a prescribed rate on total subscriptions, and Receiving offices must share at least 50% of that commission with agents or sub agents who procured the business; all other terms and conditions in the earlier Government of India notification shall apply to bonds issued under this scheme.
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