Section 21Central Act
Section 21: Custody of Securities .-[ Omitted by the Foreign Exchange Regulation (Amendment) Act , 1993 (29 of 1993), section 9 (w.e.f.8-1-1993).]
Custody of Securities .-[ Omitted by the Foreign Exchange Regulation (Amendment) Act , 1993 (29 of 1993), section 9 (w.e.f.8-1-1993).]
Previous
Sec 20 — Restrictions on payment in respect of certain securities .-[ Omitted by the Foreign Exchange Regulation (Amendment) Act , 1993 (29 of 1993), section 9 (w.e.f.8-1-1993).]
Next
Sec 22 — Restrictions on issue of bearer securities .- [* * * *] Except with the general or special permission of the Reserve Bank no person shall, in India, and no person resident in India shall, outside India, create or issue any bearer certificate or coupon or so after any document that it becomes a bearer certificate or coupon
Disclaimer: This section is reproduced for general informational and reference purposes only. Always verify against the latest official gazette and consult a qualified advocate before relying on any provision.