Deposit procedure requires deposits to be made to the deposit office and documented by acknowledgement and certificate. Depositors must apply to the deposit office to open an account and make deposits to that office by crossed cheque, demand draft, or bank transfer. The deposit office must open the account, issue an acknowledgement for each deposit, retain the deposit certificate(s) in its custody, and furnish the depositor with an annual statement of account.
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 requires deposits to be made to the deposit office and documented by acknowledgement and certificate.
Depositors must apply to the deposit office to open an account and make deposits to that office by crossed cheque, demand draft, or bank transfer. The deposit office must open the account, issue an acknowledgement for each deposit, retain the deposit certificate(s) in its custody, and furnish the depositor with an annual statement of account.
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