Bare ActsThe Jharkhand State Housing Board Act 2000

Section 85

Punishment for acquiring share or interest in contract, etc, with the Board

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

Punishment for acquiring share or interest in contract, etc, with the Board.- If any member, or any officer or employees of the Board acquires, directly or indirectly, by himself or by any partner, employer, olr employee, otherwise than as such member , officer or employee any share or interest in any contract on employment by or on behalf of , the Board not being a share or interest which under section 5 is permissible for a member to have without being, thereby disqualified for being appointed as a member be deemed to have committed the offence made punishable by rule 168 of the Indian Penal Code ( Act 45 of 1860).

Section 85 – The Jharkhand State Housing Board Act 2000 | DailyLaw.ai