Bare ActsThe Damodar Valley Corporation Act, 1948

Section 39

Interest charge and other expenses to be added to and receipts taken for reduction of capital cost.

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

For a period, not exceeding fifteen years, from the establishment of the Corporation, if the Corporation runs in deficit, the interest 28 charges and all other expenditure shall be added to the capital cost and all receipts shall be taken in reduction of such capital cost.

Section 39 – The Damodar Valley Corporation Act, 1948 | DailyLaw.ai