Deposit Insurance and Credit Guarantee Corporation Act : Provision for unpaid amounts. Indian Bare

Deposit Insurance and Credit Guarantee Corporation Act ,1961

Act No : 47

Section : Provision for unpaid amounts.

20. Provision for unpaid amounts. Where any depositor to whom any payment is to be made in accordance with the provisions of section 17 or section 18 cannot be found or is not readily traceable, adequate provision shall be made by the Corporation for such payment and the amount of such provision shall be accounted for separately in its books.