Bare ActsThe Bihar Reorganisation Act, 2000

Section 49

Floating Debt.

Amendment status not verified — confirm the current text below against the official source.

The liability of the existing State of Bihar in respect of any floating loan to provide short-term finance to any commercial undertaking shall be the liability of the State in whose territories the undertaking is located.

Section 49 – The Bihar Reorganisation Act, 2000 | DailyLaw.ai