Premature redemption of a part of outstanding stock of Non-interest bearing Government of IDBI Special Security, 2024 - F. No. 4 (16)-W&M/2004 - Indian Law
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Premature redemption of special government security reduces aggregate redemption amount and adjusts outstanding stock accordingly. An amendment authorizes premature redemption of part of the non interest bearing IDBI Special Security by substituting a lower aggregate redemption amount with reallocations across two financial years and by revising the nominal outstanding stock figure of the Special Security in the earlier notification.
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.
Premature redemption of special government security reduces aggregate redemption amount and adjusts outstanding stock accordingly.
An amendment authorizes premature redemption of part of the non interest bearing IDBI Special Security by substituting a lower aggregate redemption amount with reallocations across two financial years and by revising the nominal outstanding stock figure of the Special Security in the earlier notification.
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