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[Cites 0, Cited by 0] [Section 10] [Entire Act]

Union of India - Subsection

Section 10(5) in The Energy Conservation (Partial Risk Guarantee Fund for Energy Efficiency) Rules, 2016

(5)The Partial Risk Guarantee Fund for Energy Efficiency shall pay seventy five percent of the claim against guarantee by the participating financial institution, within sixty days, subject to the claim being otherwise found in order and complete in all respects and the balance twenty five percent of the guaranteed amount shall be paid on conclusion of recovery proceedings by the participating financial institution.