Income Tax Act, 1961
Section 269TT .MODE OF REPAYMENT OF SPECIAL BEARER BONDS, 1991.
Notwithstanding anything contained in any other law for the time being in force, the amount payable on redemption of Special Bearer Bonds, 1991, shall be paid only by an account payee cheque or account payee bank draft drawn in the name of the person to whom such payment is to be made.