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State of Tamilnadu - Section

Section 14 in The Works of Licensees Rules, 2006

14. Procedure for deposit of compensation payable by the licensee and furnishing of security.

(1)The amount of compensation payable by the licensee under these rules shall be deposited by means of demand draft.
(2)The Security required to be furnished under these rules shall be in the form of Bank Guarantee from a Scheduled Bank or in any other form as may be notified by the Appropriate Government from time to time.