Rule 11, Maharashtra Mines and Minerals (Development and Regulation) Act, 1957 (Records and Returns) Rules, 2021 [S7B-8TB]
As at 7 September 2026. In force from 23 May 2021.
Surrender of certificate.—Every factor who ceases to carry on the business of factoring shall, within twenty-one days of such cessation, surrender the certificate of registration to the Banking Ombudsman in person or by registered post, and shall inform it in Form C of the manner in which every deposit held by him has been disposed of.
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