Administration Manual - B.E.S.T. Undertaking.

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8. Elimination of risk associated with physical certificates such as loss, theft,
mutilation, forgery etc.
The Demat A/c No. for Undertaking is 16836278
& for P.F. Trust is 16822252.
INFORMATION ABOUT PUT OPTION/CALL OPTION:
The Bonds/Securities are issued by any Company/Industry of any State
Government, it is mentioned in the offer document about the date of put option/call option.
Put option means on the date of put option the Bondholder in case of physical holding has
discretion to surrender the Bonds duly discharged well in advance at least one month or
period mentioned in document for redemption. Call option means on the date of call
option, concerned company/Industry has right to call back the Bonds from the Bond
Holders for redemption giving notice well in advance at least one month to Investor.
APPROVED LIST OF BANKS :
Section 460 AA of the MMC Act 1888 states that all moneys payable to the credit of
the BEST shall be received by the General Manager & shall be forthwith paid into SBI or
such other Banks in the city as may be approved by the Corporation from time to time in
this behalf to the credit of an account which shall be styled the account of BEST.
The banks which are presently on our approved list are listed in Annexure 'A' and the
upper limit of placing deposit with such bank is specified in column 3 of the Annexure .
The Annual report from the banks are called during the financial year and the networth is
scrutinized, which should be more than Rs. 100 Crores. In case it is found to be less, their