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Rule 11, Maharashtra Mines and Minerals (Development and Regulation) Act, 1957 (Licensing) Rules, 2020 [SFE-VES]

As at 7 September 2026. In force from 28 October 2020.

In Maharashtra Mines and Minerals (Development and Regulation) Act, 1957 (Licensing) Rules, 2020 [R1R-TX1]. This text from 28 October 2020. No other text held.

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Cite: Rule 11, Maharashtra Mines and Minerals (Development and Regulation) Act, 1957 (Licensing) Rules, 2020 [SFE-VES]. Machine: SFE-VES.

Surrender of certificate.—Every nidhi company who ceases to carry on the business of a nidhi shall, within ninety days of such cessation, surrender the certificate of registration to the Deposit Insurance Corporation in person or by registered post, and shall inform it in Form C of the manner in which every security interest held by him has been disposed of.

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Rule 11, Maharashtra Mines and Minerals (Development and Regulation) Act, 1957 (Licensing) Rules, 2020 [SFE-VES]