Benefit on transfer of IDBI Flexibonds requires transferee to notify the issuer by registered post within the stipulated period. The Central Government specified IDBI Flexibonds 2004-2005 as eligible for the benefit under the withholding provision proviso. The benefit applies only to transfers by endorsement or delivery and is conditional on the transferee informing Industrial Development Bank of India Limited, Mumbai, by registered post within the prescribed notification period following the transfer.
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.
Benefit on transfer of IDBI Flexibonds requires transferee to notify the issuer by registered post within the stipulated period.
The Central Government specified IDBI Flexibonds 2004-2005 as eligible for the benefit under the withholding provision proviso. The benefit applies only to transfers by endorsement or delivery and is conditional on the transferee informing Industrial Development Bank of India Limited, Mumbai, by registered post within the prescribed notification period following the transfer.
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