Central · Act 47 of 1961

Section 20 — Provision for unpaid amounts.

The Deposit Insurance and Credit Guarantee Corporation Act, 1961

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Where any depositor to whom any payment is to be made in accordance with the provisions of section 17 or section 18 1[or section 18A] 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.

Source footnotes

1. Ins. by Act 30 of 2021,s. 6 (w.e.f. 1-9-2021).

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Next · Section 21Repayment of the amount to corporation. →All sections / सभी धाराएँThe Deposit Insurance and Credit Guarantee Corporation Act, 1961 →
More sections of this actSection 1 · Short title, extent and commencement.Section 2 · Definition.Section 3 · Establishment and incorporation of Deposit Insurance Corporation.Section 4 · Capital of Corporation.Section 5 · Management of Corporation.Section 6 · Board of directors.Section 7 · Meetings of Board.Section 8 · Committees of Corporation.
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India Code, Government of India. Text fetched 22 Oct 2026. Source metadata reports last modification: 2019-11-29. Check the linked official text and subsequent notifications when applying a provision.

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Section 20 — Provision for unpaid amounts. | The Deposit Insurance and Credit Guarantee Corporation Act, 1961 | NYAYA SIGNAL

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