Section 3(9)(ii) in The M.P. Van Upaj other than Timber (Vyapar Viniyaman) Niyam, 1969

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State of Madhya Pradesh - Subsection

Section 3(9)(ii) in The M.P. Van Upaj other than Timber (Vyapar Viniyaman) Niyam, 1969

(ii)This security deposit will be in the shape of revenue deposit in the name of Divisional Forest Officer concerned either in cash or in the form of promissory notes which shall for the purposes be valued at 5 per cent below the market value or Guarantee of Scheduled Banks offered in terms of Finance Department, Government of Madhya Pradesh Memo No. 2171-545-IV-R-V, dated the 6th September, 1962, or Post Office Cash Certificate, National Saving Certificate, 10-year Treasury Saving Deposit Certificate, 12-year National Defence Certificate at surrender value, transferred to the Divisional Forest Officer concerned with Head Post Master's sanction.

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State of Madhya Pradesh - Subsection

Section 3(9)(ii) in The M.P. Van Upaj other than Timber (Vyapar Viniyaman) Niyam, 1969