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TMI BlogRepayment of 10.45% Government Security 2018X X X X Extracts X X X X X X X X Extracts X X X X ..... Repayment of 10.45% Government Security 2018 - News and Press Release Dated:- 4-4-2018 - News - The repayment of following security is due as per details given below: Table: Details of GoI Security maturing on April 27, 2018 Sl. No. Name of Security Scheduled Date of Repayment Effective date of Repayment ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... No Interest Accrual from scheduled date of Repayment (1) (2) (3) (4) (5) 1. Repayment of 10.45% GS 2018 April 30, 2018 (Monday) April 27, 2018 (Friday)* April 30, 2018 (Monday) *: Repayment would be effected on April 27, 2018 (Friday) due to holi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... days occurring on April 28, 2018, April 29, 2018 and April 30, 2018 being Saturday, Sunday and Public Holiday. The outstanding balance under 10.45% GS 2018 will be repayable on the effective date of repayment as indicated in column 4 of above table. In the event of a holiday being declared on effective day of repayment by any State Government under the Negotiable Instruments Act, 1881, the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Loan/s will be repaid by the paying offices in that State on the previous working day. As per sub-regulations 24 (2) and 24(3) of Government Securities Regulations, 2007 payment of maturity proceeds to the registered holder of Government Security held in the form of Subsidiary General Ledger or Constituent Subsidiary General Ledger account or Stock Certificate shall be made by a pay order ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... incorporating the relevant particulars of his bank account or by credit to the account of the holder in any bank having facility of receipt of funds through electronic means. For the purpose of making payment in respect of the securities, the original subscriber or the subsequent holders of such Government Securities, shall submit the relevant particulars of their bank account well in advance. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... However, in the absence of relevant particulars of bank account / mandate for receipt of funds through electronic means, to facilitate repayment of the Loan on the due date, holders may tender the securities, duly discharged, at the Public Debt Offices, Treasuries / Sub-Treasuries and branches of State Bank of India and its Associate Banks (at which they are enfaced / registered for payment ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of interest) 20 days in advance of the due date for repayment. Full details of the procedure for receiving the discharge value may be obtained from any of the aforesaid paying offices. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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