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TMI BlogCentral Government notifies that the National Rural Development Bonds (Second Issue) specified under sub-clause(b) of clause 2 of section 2 of the Public Debt Act 1944 (18 of 1944)X X X X Extracts X X X X X X X X Extracts X X X X ..... G.S.R. 503(E). - In exercise of the powers conferred by clause (b) of rule 4 of Public Debt Rules, 1946, the Central Government hereby specifies that the following shall be the form of a Government security for the purpose of sub-clause(b) of clause 2 of section 2 of the Public Debt Act 1944 (18 of 1944), namely:- FORM NOT TRANSFERABLE (National Emblem) G ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rtment of Economic Affairs), No.GSR 502(E) dated the 21st June 1983. This Bond is non-negotiable and cannot be sold, transferred, assigned or otherwise disposed of by the holder before maturity to any other person. By order of the President of India Public Debt Office, GOVERNOR Reserve Bank of India ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ole holder or sole surviving holder of the Bond may nominate a person or persons who shall be entitled to the Bond and the payments thereon on the death of the holder. A nomination made by a holder may be varied by a fresh nomination or may be cancelled. 5. Every nomination and every cancellation or variation thereof shall be registered at the Public Debt Office of issue and shall effecti ..... X X X X Extracts X X X X X X X X Extracts X X X X
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