Investment of general reserves limited to specified securities, cooperative and scheduled banks, cooperative societies, and public financial institutions. Investments from a producer company's general reserves must be made only in specified categories: approved securities, fixed deposits, units and bonds issued by central or state governments, cooperative societies or scheduled banks; cooperative banks including state, central and land development cooperative banks; any other scheduled bank; securities of the trusts regime; shares or securities of other cooperative societies; and shares, securities or assets of public financial institutions.
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.
Investment of general reserves limited to specified securities, cooperative and scheduled banks, cooperative societies, and public financial institutions.
Investments from a producer company's general reserves must be made only in specified categories: approved securities, fixed deposits, units and bonds issued by central or state governments, cooperative societies or scheduled banks; cooperative banks including state, central and land development cooperative banks; any other scheduled bank; securities of the trusts regime; shares or securities of other cooperative societies; and shares, securities or assets of public financial institutions.
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