TRANSACTION RULES (ONLY APPLICABLE FOR BIZCON CHARTERED BANK )All schools will have their individual bank accounts.
All events will have participation fees.
All transactions will be processed by cheques.
A cheque should be properly filled so that it does not get
bounced.
All cheques are payable to Bizcon Chartered Bank.
At the end of second day the schools having the maximum
amount of money in their account wins.
Investment transactions should be specified properly.
One cheque can be used to process number of transactions
All unsold shares will be sold at immediate market value at end of second day.
Under NI138 Act cheque bounce is illegal and therefore
more than two cheque bounce leads to a fine of 50,000INR.
Only one rep is allowed to sign cheques and enter the bank.