Designation of specified bonds permits benefit on transfer provided transferee notifies issuer by registered post within sixty days. The Central Government specified the IDBI Flexibonds 2003 2004 as eligible under the proviso to Section 193, subjecting the availability of the proviso's benefit on transfer by endorsement or delivery to the transferee's obligation to notify the Industrial Development Bank of India, Mumbai, by registered post within sixty days of 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.
Designation of specified bonds permits benefit on transfer provided transferee notifies issuer by registered post within sixty days.
The Central Government specified the IDBI Flexibonds 2003 2004 as eligible under the proviso to Section 193, subjecting the availability of the proviso's benefit on transfer by endorsement or delivery to the transferee's obligation to notify the Industrial Development Bank of India, Mumbai, by registered post within sixty days of the transfer.
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