Madras HC: Repeated Remand Orders U/S 37 A&C Act are Unworkable Without Reversing Merits || Delhi High Court: Unproven Immoral Conduct of a Parent Cannot Influence Child Custody Decisions || Delhi High Court: Counsel Cannot Treat Passovers or Adjournments as an Automatic Right || Delhi HC: Landlord’s Rent Control Act Rights Cannot be Waived by Contract With Tenant || Bom HC: Arbitrator Who Halts Proceedings over Unpaid Revised Fees Effectively Withdraws From Office || SC Holds That if Some Offences Are Quashed On Compromise, The FIR Cannot Continue For Others || SC Holds That Prior Opportunity to See Accused Can Render Test Identification Proceeding Unreliable || Allahabad HC: Employees of Constituent Institutions are not Entitled to Central University Benefits || Calcutta High Court: Juvenile Accused Eligible to Apply for Anticipatory Bail under Section 438 CrPC || J&K & L HC: Departmental Proceedings Not Halted by Pending Criminal Case Without Showing Prejudice

Cessation of 7.75% Savings (Taxable) Bonds, 2018- (Reserve Bank of India) (27 May 2020)

MANU/IDMC/0003/2020

Banking

1. Government of India has vide Notification F.No.4(28)-(W&M)/2017 dated May 27, 2020 announced that the 7.75 percent Savings (Taxable) Bonds, 2018 shall cease for subscription with effect from the close of business on Thursday, the 28th of May, 2020.

2. All the Receiving Offices are advised to take note and communicate the same to their branches/dealing officers. Only such applications where funds have been realised by your branches by May 28, 2020 may be processed and the same shall be reported to CAS Nagpur within permissible limit of T+3 days (no later than June 1, 2020).

Tags : SUBSCRIPTION CESSATION BONDS

Share :