Bare ActsThe Delhi Municipal Corporation Act, 1957

Section 189

Receipt by joint holders for interest or dividend.

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

When two or more persons are joint holders of any debenture or security issued under this Act, any one of such persons may give an effectual receipt for any interest or dividend payable in respect of such debenture or security, unless notice to the contrary has been given to 1 [ 2 [the Corporation]] by the other of such persons.

Section 189 – The Delhi Municipal Corporation Act, 1957 | DailyLaw.ai