Section 7

Rounding off. Repealed

The Compulsory Deposit Scheme Act, 1963

  • Act 21 of 1963
  • Ministry of Finance
  • Department of Economic Affairs
About this Act

An Act to provide in the interest of national economic development for compulsory deposit and for the framing of a scheme in relation thereto.

All sections
    Where the amount of any deposit to be made under this Act contains a part of a rupee, then, if such part is fifty naye paise or more, it shall be increased to one complete rupee and if such part is less than fifty naye paise, it shall be ignored.

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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