INDIA CODE

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Rule 29, Madhya Pradesh Mines and Minerals (Development and Regulation) Act, 1957 (Records and Returns) Rules, 2012 [S97-3QC]

As at 7 September 2026. In force from 25 July 2012.

In Madhya Pradesh Mines and Minerals (Development and Regulation) Act, 1957 (Records and Returns) Rules, 2012 [R1D-DR4]. This text from 25 July 2012. No other text held.

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Cite: Rule 29, Madhya Pradesh Mines and Minerals (Development and Regulation) Act, 1957 (Records and Returns) Rules, 2012 [S97-3QC]. Machine: S97-3QC.

Safe custody.—Every factor shall keep every security interest to which these rules apply in a receptacle or place reserved for the purpose at the premises where the business of factoring is carried on, shall record in Form E the description of every security interest so kept and the date on which it was received, and shall furnish a copy of the record to the Banking Ombudsman within forty-five days of the close of each year.

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Rule 29, Madhya Pradesh Mines and Minerals (Development and Regulation) Act, 1957 (Records and Returns) Rules, 2012 [S97-3QC]