Pledging of certificate
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....curity to,— (a) the President of India or Governor of a State in his official capacity; (b) the Reserve Bank of India or a scheduled bank or a co-operative society including a co-operative bank; (c) a corporation or a Government company; [***] [(d) a local authority; and (e) a housing finance company approved by the National Housing Bank and notified by the Central Government]: Provided th....
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....ate. (4) A certificate transferred under sub-rule (2) may, on the written authority of the pledgee, be re-transferred with the previous sanction in writing of the authorised postmaster and when any such re-transfer is made, the postmaster of the office of registration shall make the following endorsement on the certifi­cate, namely:— "Re-transferred to....." Note 1: A Gazetted Officer of ....