Section 6(2)(a) in The Banking Companies (Acquisition And Transfer Of Undertakings) Act, 1970

[Cites 0, Cited by 0] [Section 6(2)] [Section 6] [Entire Act]

Union of India - Subsection

Section 6(2)(a) in The Banking Companies (Acquisition And Transfer Of Undertakings) Act, 1970

(a)in cash (to be paid by cheque drawn on the Reserve Bank) in three equal annual instalments, the amount of each instalment carrying interest at the rate of four per cent. per annum from the commencement of this Act, or

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Union of India - Subsection

Section 6(2)(a) in The Banking Companies (Acquisition And Transfer Of Undertakings) Act, 1970