Amendment status not verified — confirm the current text below against the official source.
( 1 ) The State Government shall, by 1 notification in the Official Gazette , establish for the purposes of this Act, a Corporation to be called the Maharashtra Krishna Valley Development Corporation. ( 2 ) The Corporation established under sub-section ( 1 ) shall be a body corporate having perpetual succession and a common seal, with power to contract, acquire, hold and dispose of property, both movable and immovable, and to do all things, necessary for the purposes of this Act, and may sue and be sued by its corporate name. ( 3 ) The Head Office of the Corporation shall be at Pune.