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Rule 25

A security may be furnished by the dealer.-

(1) by depositing with the Registering Authority, Government securities for the amount fixed by the said authority; or

(2) by furnishing to the said authority a guarantee from a Scheduled Bank as defined in the Reserve Bank of India Act, 1934, agreeing to pay the Government on demand, the amount of security fixed by the said authority; or

(3) by furnishing any other form of security as may be notified by the Commissioner.