https://www.taxtmi.com/caselaws?id=188756 Indira Vikas Patras are bearer instruments akin to currency notes and do not bear the holder's name. Rule 7(2) of the Indira Vikas Patra Rules, 1986 states that a certificate lost, stolen, mutilated, defaced, or destroyed beyond recognition will not be replaced by any post office. As the validity of that rule was not challenged, no court direction contrary to it could be granted. The claim for replacement of the lost IVP, or for payment of its maturity value on that basis, therefore failed. en-us Wed, 05 Apr 2006 00:00:00 +0530 Thu, 15 Dec 2016 12:46:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188756 Indira Vikas Patras are bearer instruments akin to currency notes and do not bear the holder's name. Rule 7(2) of the Indira Vikas Patra Rules, 1986 states that a certificate lost, stolen, mutilated, defaced, or destroyed beyond recognition will not be replaced by any post office. As the validity of that rule was not challenged, no court direction contrary to it could be granted. The claim for replacement of the lost IVP, or for payment of its maturity value on that basis, therefore failed. Case-Laws Indian Laws Wed, 05 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188756