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Substitution of new section for section 269T

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Full Text of the Document

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....f a banking company or a co-operative bank and no other company or co-operative society and no firm or other person shall repay any loan or deposit made with it otherwise than by an account payee cheque or account payee bank draft drawn in the name of the person who has made the loan or deposit if- (a) the amount of the loan or deposit together with the interest, if any, payable thereon, or ....