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Employees’ securities Investment of employees’ securities in National Defence Certificates Whether permissible

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....25-1-1963 Circular<br>Companies Law<br>SECTIONS 417 & 418 Letter : No. 8/7(417)/63&#8209;PR, dated 25&#8209;1&#8209;1963. Subject:- Employees' securities &#8209; Investment of employees' securit....

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.... to the investment of the moneys in question in National Defence Bonds, which would be as safe as investment in a Post Office Savings Bank account mentioned in section 417(1)(a). It would, however, be....