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Hello Ankur,
Are you asking about resign the seat? During the first round counselling if you accept the allotted seat & want to resign then last date to resign is 3rd April, 2019. As per the process to resign the seat, You need to report the alloted college or Institute, need to complete the admission formalities and choose the option NO. You can prefer the below given links for the related information.
https://mcc.nic.in/PGCounselling/Documents/PGScheme2019.pdf
In case you have any other query then let me know and kindly specify what do you want to know about the bond.
Good Luck!
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