Amendment status not verified — confirm the current text below against the official source.
(1) The State Government may provide to the Corporation such sum not exceeding 4[fifty crores of rupees] as the State Government may think fit as capital that may be required by the Corporation for the purpose of carrying out its functions or for purposes connected therewith : Provided that where the capital initially provided is less than 4[fifty crores of rupees] the State Government may, from time to time, increase the capital to such sum not exceeding 4[fifty crores of rupees] as it may think fit. (2) Such capital may be provided subject to such terms and conditions as may be determined by the State Government. CHAPTER III. MANAGEMENT OF THE CORPORATION.