Home India Reserve Bank of India All persons other than the respective claimants named below,...
Date: 2014-12-08 Category: Extra Ordinary State: Union Government Country: India

All persons other than the respective claimants named below, who have any claim upon these securities should communicate immediately to the Chief General Manager in-Charge, Reserve Bank of India, Central Office, Department of Govt. and Bank Accounts, Central Debt Division, Opp. Mumbai Central Railway Station, Byculla, Mumbai.

Issued by Reserve Bank of India · Department of Government and Bank Accounts

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Executive Summary & Key Takeaways

Executive Summary: This notification from the Reserve Bank of India concerns lost government securities for September 2013. It advertises a list of securities believed to be lost and whose applicant claims are considered just. Individuals other than the listed claimants who have claims on these securities must notify the Chief General Manager in Charge, Reserve Bank of India, Mumbai. Key Points / Main Content: * **Subject:** Lost Government Securities. * **Context:** Regulation 14 of the Government Securities Regulations, 2007; Section 32 of the Government Securities Act, 2006. * **Publication Date:** December 8, 2014. * **Originating Department:** Reserve Bank of India, Department of Government and Bank Accounts, Central Debt Division, Claim Section. * **Notification Regarding:** Advertisement of a list of securities lost in September 2013 where there is a prima facie belief that the securities are lost and the applicant's claim is just. * **Securities Details (Example):** * Nomenclature: NDGB 1980 'A' SERIES * Security Number: BL0331 * Value: 12 Grams * Original Holder: Late Tukaram * Claimant: Smt. Leelabai PSc.No.242012 * Date of Issue: 12011968 * Payment Office: Kilkile Kilkile dated 18092013 * **Action Required for Other Claimants:** Individuals, other than the claimants listed, who have any claim upon these securities should immediately communicate to the Chief General Manager in Charge, Reserve Bank of India, Central Office, Department of Government and Bank Accounts, Central Debt Division, Opp. Mumbai Central Railway Station, Byculla, Mumbai-400 008. Impact Analysis: * **Claimants Listed:** * Impact: Their claim is considered just, according to a preliminary assessment. * Action Required: No action specified in the document. * **Individuals with Claims on the Securities (other than those listed):** * Impact: Their potential claim on the listed lost securities needs to be addressed. * Action Required: Immediately notify the Chief General Manager in Charge, Reserve Bank of India, Central Office, Department of Government and Bank Accounts, Central Debt Division, Opp. Mumbai Central Railway Station, Byculla, Mumbai-400 008. * **Reserve Bank of India:** * Impact: Responsible for managing claims related to lost government securities. * Action Required: Process notifications from potential claimants and adjudicate claims.

Key Entities Referenced

Reserve Bank of India: The central bank of India, responsible for issuing the notification and managing government securities. Mumbai, Maharashtra: The city where the Reserve Bank of India's Central Office is located, and the location from which the notification is issued. Government Securities Act, 2006: The Indian law under which the Reserve Bank of India is authorized to issue Government Securities Regulations. Government Securities Regulations, 2007: Regulations made by the Reserve Bank of India under the Government Securities Act, 2006, governing the issuance and management of government securities, regulation 14 is mentioned. Central Debt Division: A department within the Reserve Bank of India responsible for managing government debt and claims related to lost securities. September, 2013: The month for which the list of lost securities is being advertised. Raichur, Karnataka: Location of the Prl.Civil Judge JMFCII who signed the order related to the lost security. Smt. Leelabai: Claimant for the lost security NDGB 1980 'A' BL0331.
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