TMI BlogThe security deposit recovered from the members at the time of their enrollment as a club member is...The security deposit recovered from the members at the time of their enrollment as a club member is refundable on occurrence of the contingencies mentioned in the Rules, Regulations and ByeLaws, same is required to be treated as a deposit and a capital receipt consequently - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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