KYC identifier requirement: Aadhaar and PAN/Form 60 must be submitted by a notified date; noncompliant existing accounts suspended. Amendment requires clients to submit Aadhaar and either Permanent Account Number or Form No. 60 by a date to be notified by the Central Government, replacing a fixed deadline. Existing account relationships that fail to submit Aadhaar and PAN by the notified date will cease to be operational until the identifiers are provided.
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.
KYC identifier requirement: Aadhaar and PAN/Form 60 must be submitted by a notified date; noncompliant existing accounts suspended.
Amendment requires clients to submit Aadhaar and either Permanent Account Number or Form No. 60 by a date to be notified by the Central Government, replacing a fixed deadline. Existing account relationships that fail to submit Aadhaar and PAN by the notified date will cease to be operational until the identifiers are provided.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.