Deposit procedure: prescribed application, cheque or draft payment, receipt evidence and quarterly account statements ensure traceable compliance. Prescribes that an initial deposit requires an application in the prescribed form and account opening by the deposit office; subsequent deposits must be paid to that office by crossed cheque or demand draft in favour of the office and each deposit is evidenced by a receipt, while the deposit office must issue a quarterly statement of account showing deposits made during the prior quarter.
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.
Deposit procedure: prescribed application, cheque or draft payment, receipt evidence and quarterly account statements ensure traceable compliance.
Prescribes that an initial deposit requires an application in the prescribed form and account opening by the deposit office; subsequent deposits must be paid to that office by crossed cheque or demand draft in favour of the office and each deposit is evidenced by a receipt, while the deposit office must issue a quarterly statement of account showing deposits made during the prior quarter.
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