Any cash collected or moneys realized by sale or conversion of property or from any bank shall be deposited, if practicable, in the civil treasury of nearest branch of the Reserve Bank of India or of the 1 [State Bank] of India, in a current account to the credit of the commanding officer, otherwise in a regimental treasure chest or unit imprest account.
12. Saving of certain property from sale or conversion. (1) The commanding officer may if he thinks fit, postpone any sale or conversion of the property of the deceased until such time as a representative or a person appearing to the prescribed person to be entitled under section 10 has had an opportunity of notifying his wishes regarding the sale or conversion or the withholding from sale or conversion of any portion of the property.
(2) The commanding officer may comply with the wishes of a representative or such other person, but if he considers any such demand unreasonable, having regard to the insolvency of the estate or other similar reason, he may refuse to comply.