Transferee notice requirement for specified bonds: transferee must notify issuer by registered post within sixty days. Central Government designates the '7 Year 13% (Taxable) Secured Redeemable Non-Convertible Bonds (Second issue)' issued by Mahanagar Telephone Nigam Limited as eligible for the tax benefit under clause (ii) of sub-section (1) of section 80L, and stipulates that where such bonds are transferred by endorsement or delivery the transferee will only be entitled to the benefit if the transferee notifies the Company by registered post within sixty days of the transfer.