Bare ActsThe West Khandesh Mehwassi Estates (Proprietary Rights Abolition, etc.) Regulation, 1961.

Section 19

Amount of Compensation to be payable in transferable bonds.

Amendment status not verified — confirm the current text below against the official source.

The amount of compensation payable under the provisions of this Regulation shall be payable in transferable bonds which shall carry interest at the rate of three per cent. Per annum from the date of the issue of such bonds, and which shall be repayable during a period of twenty years from the date of the issue of such bonds by equated annual instalments of principal and interest. The bonds shall be of such denominations, and shall be in such forms, as may be prescribed.

Section 19 – The West Khandesh Mehwassi Estates (Proprietary Rights Abolition, etc.) Regulation, 1961. | DailyLaw.ai