Thursday, December 16, 2010
" certified copy" as per The Bankers' Books Evidence Act, 1891
Section 2 (8) in The Bankers' Books Evidence Act, 1891
" certified copy" means a copy of any entry in the
books of a bank together with a certificate written
at the foot of such copy that it is a true copy of such
entry, that such entry is contained in one of the
ordinary books of the bank and was made in
the usual and ordinary course of business,
and that such book is still in the custody of the
bank, 1[ and where the copy was obtained by a
mechanical or other process which in itself
ensured the accuracy of the copy, a further
certificate to that effect, but where the book
from which such copy was prepared has been
destroyed in the usual course of the bank' s
business after the date on which the copy had
been so prepared, a further certificate to that effect,
each such certificate being dated and subscribed by
the principal accountant or manager of the
bank with his name and official title.]
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OTS PROCEDURE ADOPTED BY RBI CAN ANNYBODY SAY ?
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