P.O. S.B. Manual Vol. III - India Post

11216. Transfer of certificate from one person to another: - (1) A certificate may betransferred with the previous consent in writing of an officer of the Post Offices as specified below(hereinafter referred to in these rules as authorised Postmaster)Cases in which transfer can be sanctioned(a) (i) From the authority controlling a providentfund to the member of the fund on whose behalf thecertificate was purchased.(ii) From an employer to an employee on whosebehalf it was purchased.Designation of the officercompetent to grantpermission for transferHead Postmaster or Sub-Postmaster of the post officewhere the certificate standsregistered.(iii) From a Co-operative Bank/Society, the ReserveBank of India or a Scheduled Bank to itsclient/member or from a Gazetted GovernmentOfficer or from a local authority to a person or bodyof fund on whose behalf the certificate is held, whenthe certificate was not issued in the name of suchperson or body or fund.(iv) From the name of a deceased holder to his heir.(v) From a holder to a court of law or to any otherperson under the orders of a court of law.(vi) From a single holder to the names of two jointholders of whom the transferor shall be one.(vii) From joint holders to the name one of the jointholders.(b) All other casesHead Postmaster(2) An authorised Postmaster shall give his consent to the transfer of a certificate only if the followingconditions are satisfied, namely:-(a) The transfer of the certificate is effected after the expiry of one year from the date of issue of thecertificate or where the transfer is effected before this period, the transfer falls under any of the followingcategories, namely:-(i) transfer to a near rela tive out of natural love and affection;Explanation:- ‘Near Relative’ means a husband, wife, lineal ascendant or descendant, brother or sister.(ii) transfer in the name of the heir of the deceased holder;(iii) transfer from the holder to a court of law or to any other person under the orders ofcourt of law;(iv) transfer in accordance with Rule 19;(v) transfer of a certificate, purchased under items (iii) and (iv) of theTable below Rule 6, from the name of the person or body who purchased the certificate tothe name of the person or body on whose behalf it was purchased;(b) An application for the transfer is made in the form laid down by the Director General Posts. Everysuch application shall be signed by the holder or holders thereof provide d that in the case of joint typecertificate, the application may be signed by one of the holders if the other is dead.