TMI BlogEmployees’ securities ‑ Investment of employees’ securities in National Defence Certificates ‑ Whether permissibleX X X X Extracts X X X X X X X X Extracts X X X X ..... rs - Companies Law - SECTIONS 417 418 Letter : No. 8/7(417)/63 ‑ PR, dated 25 ‑ 1 ‑ 1963. Subject:- Employees securities ‑ Investment of employees secur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taken to the investment of the moneys in question in National Defence Bonds, which would be as safe as investment in a Post Office Savings Bank account mentioned in section 417(1)(a). It would, howev ..... X X X X Extracts X X X X X X X X Extracts X X X X
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