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Indian National Defence Certificate for 12 years for 25,000 rupees, issued under the permission of the Indian government, with a tax stamp and postmark of 'Mumbai' dated February 19, 1947. The reverse indicates that it is registered in the name of 'Gladstone Lyall & Co., Ltd.' for the 'Staff Provident Fund' and mentions a maximum value of 43,750 rupees after 12 months.