British postal orders began being issued and encashed in Nigeria from 1907. British postal orders were also overprinted for use in Southern Nigeria.
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Payments are made in the form of cheques to be collected by the individual from a designated post office, to be deposited into a local bank account or encashed at branches of Standard Chartered Bank.
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There with Dutch bankers Hope & Co., he encashed Bills of Exchange to the value of 470,241 Sicca Rupees, given him by the Dutch treasurer at Chinsura in 1781. Having already recovered 159,150, he returned to London to clear his client accounts and hence preserve his business.
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Accordingly, in June 2014, the Indian government encashed , taking the total amount recovered so far to . With this, India was reported to have recovered the entire amount of around (45% of the total contract value ) it had paid to AgustaWestland. However, it was later reported that AgustaWestland had not returned the entire amount, and kept €106 million for three helicopters it had delivered.
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Unit-linked endowments are investments where the premium is invested in units of a unitised insurance fund. Units are encashed to cover the cost of the life assurance. Policyholders can often choose which funds their premiums are invested in and in what proportion. Unit prices are published on a regular basis and the encashment value of the policy is the current value of the units.
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As of March 2018, the ships are scheduled for delivery between June 2018 and June 2020. Pipavav might be asked to pay liquidated damages of up to for the delayed delivery. In December 2018, it was reported that bank guarantees of over had been encashed by the Indian Navy. In October 2020 Indian navy cancelled the deal to acquire offshore petrol vessels due to 10 year delay in their delivery and considering the company is in heavy debt.
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Also travelling with Paxton was Welshman David Williams, a retiring Captain of the East India Company's military service. Paxton had arranged for Williams monies to be transferred to London via Bills of Exchange and diamonds, which Archibald had then encashed, placing some in an account to allow William's father to buy him a small estate in Henllys, Carmarthenshire. On landing in London, Williams and Paxton agreed that they would meet again soon in Wales. However, Paxton immediately continued his voyage alone to Amsterdam.
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After the cancellation of the contract, India encashed over made by AgustaWestland as a bank guarantee in the Indian banks in January 2014. Separately, India requested the Italian government to retrieve the bank guarantee amount made by the firm in Italian banks which was more than €275 million (23.64 billion). On 17 March 2014, a request made by India was rejected by an Italian court. However, the appellate court in Milan reversed the lower court's judgement and upheld the claims of the Indian government.
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In 1981, he established My Home Constructions Private Limited, that has a turnover of ₹650 crore (as of November 2016). My Home constructions has built projects of 7.5 million sft area, 16 million sft under construction and tens of millions sft under planning stage. Jupally ventured into cement business and started Maha Cement (My Home Industries Private Limited), which later he encashed by selling 50% to CRH plc, an Irish company for ₹29 crore in 2008. He bought the 3.2 million tonne cement plant Sree Jayajyothi Cements from Shriram Epc for ₹1,400 crore in 2013.
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The company Romstrade entered in a scandal, after its administrator, Nelu Iordache, changed, without observing the legal provisions, the destination of 25,000,000 lei, money encashed for the design and execution of the first section of Arad–Nădlac motorway, work being funded at least 85% from the Cohesion Fund of the European Union."The owner of Romstrade and Blue Air, Nelu Iordache, arrested for 29 days" , Jurnalul.ro The greater part, namely 9,724,780 lei of the amount intended for motorway construction, was to be used to pay debts of companies in which he was directly concerned, payments made under contracts that are not related to performance of the contract for motorway.""The king of asphalt" Nelu Iordache, arrested for 29 days", Evz.
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