Bare ActsThe Damodar Valley Corporation Act, 1948

Section 31

Payment by participating Government on specified date.

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

Each participating Government shall provide its share of the capital on the dates specified by the Corporation and if any Government fails to provide such share on such dates the Corporation may raise loan to make up the deficit at the cost of the Government concerned.

Section 31 – The Damodar Valley Corporation Act, 1948 | DailyLaw.ai