Bare ActsThe PUNJAB STATE AID TO INDUSTRIES ACT, 1935

Section 33

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

No borrower shall pay any dividend or distribute Disposal = of i fits whi - or take any profits in excess of such percentage rate upon 55~ prlinatory the amount of the capital of the industries as the ![Central State aid Is Government] may from time to time fix, until the condi- m& are not tions on which the State aid has been granted are fulfill- ed. . . . : e

Section 33 – The PUNJAB STATE AID TO INDUSTRIES ACT, 1935 | DailyLaw.ai