Central Government specifies the debentures issued by the State Electricity Boards, the Agro Industries Corporations, Housing Boards (for rural housing), Co-operative Processing and Marketing Societies and other approved State sponsored institutions between 1st January, 1977, and 31st December, 1981

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..... al Government specifies the debentures issued by the State Electricity Boards, the Agro Industries Corporations, Housing Boards (for rural housing), Co-operative Processing and Marketing Societies and other approved State sponsored institutions between 1st January, 1977, and 31st December, 1981 NOTIFICATION NO. S.O.3998 DATED 10-10-1977 In exercise of the powers conferred by clause .....

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..... rincipal or payment of interest ; ( ii ) they are issued only to individuals including two or more individuals jointly ; ( iii ) they are issued subject to the condition that they cannot be transferred to any person other than mentioned in clause ( ii ) ; ( iv ) they carry interest at a rate not exceeding 12 per cent. per annum. [No. 2006/F. No. 178/31/76-IT (AI)] - Notification Ta .....

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