Discontinuation of physical savings certificates: transition to electronic-mode issuance, banks and post offices to follow notified serial rules. Physical pre printed NSC and KVP certificates are discontinued and replaced by e mode issuance; until CBS transitions, banks and post offices may issue a physical certificate recorded on a passbook. Banks and DoP must use the new serial numbering pattern allocated to them and may rely on the referenced G.S.R. notifications available on the e gazette when issuing certificates.
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.
Discontinuation of physical savings certificates: transition to electronic-mode issuance, banks and post offices to follow notified serial rules.
Physical pre printed NSC and KVP certificates are discontinued and replaced by e mode issuance; until CBS transitions, banks and post offices may issue a physical certificate recorded on a passbook. Banks and DoP must use the new serial numbering pattern allocated to them and may rely on the referenced G.S.R. notifications available on the e gazette when issuing certificates.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
