Debentures issued before the date of publication of this notification , and the debentures to be issued after such date, by the Transport and Engineering Corporations of Tamil Nadu specified in the Table , as a part of the Workers Participation Scheme of the Government of Tamil Nadu

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....br>Debentures issued before the date of publication of this notification , and the debentures to be issued after such date, by the Transport and Engineering Corporations of Tamil Nadu specified in the Table , as a part of the Workers Participation Scheme of the Government of Tamil Nadu NOTIFICATION NO. S.O.1434  DATED 5-3-1979 In exercise of the powers conferred by clause (ii) of the....

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.... to any person other than those mentioned in clause (b) ; (d) such debentures carry interest at a rate not exceeding twelve per cent. per annum ; and (e) the aggregate amount of such interest income, credited or paid, or likely to be credited or paid, during a financial year in respect of each employee or former employee, does not exceed five hundred rupees. 2. Nothing contained in this n....