Right to withdraw funds under site restoration scheme requires Form E authorization and payment to designated account. A depositor may withdraw whole or part of their Site Restoration Fund balance by submitting a duly authorised application in Form E to the Ministry of Petroleum and Natural Gas or its authorised agency; on receipt the deposit office must pay the amount by credit to the depositor's designated 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.
Right to withdraw funds under site restoration scheme requires Form E authorization and payment to designated account.
A depositor may withdraw whole or part of their Site Restoration Fund balance by submitting a duly authorised application in Form E to the Ministry of Petroleum and Natural Gas or its authorised agency; on receipt the deposit office must pay the amount by credit to the depositor's designated account.
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