Certificate in lieu of proceeds of old certificate

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..... of proceeds of old certificates:- A holder of an old certificate entitled to encash that certificate may make an application in Form 1 for the grant of a certificate under these rules, and on receipt .....

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..... an old certificate entitled to encash that certificate may make an application in Form 1 for the grant of a certificate under these rules; on receipt of such an application, there shall be issued to .....

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