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Section 13: Issue of converted securities.

The Government Securities Act, 1330 Fasli.State Act of Telangana

(1) The prescribed authority may, subject to such conditions as may be prescribed, on the application of a person claiming to be entitled to a Government security, on being satisfied of the justice of the claim and on delivery of the security receipted in the prescribed manner and on payment of the prescribed fee, issue in the name of the applicant a converted security in place of such security or consolidated security or securities in place of securities of lower amounts or securities of lesser amount in place of a security of a larger amount.

(2) The securities issued under sub-section (1) may be in respect of one loan or different loans.

Where this provision sits

ActThe Government Securities Act, 1330 Fasli.
Section13
Marginal noteIssue of converted securities.
JurisdictionState of Telangana
StatusIn force as published by the source

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