Bare ActsThe Maharashtra Maritime Board Act, 1996.

Section 57

Power of two or more joint holders to give receipt.

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

Where two or more persons are joint holders of any Board Security, any one of those persons may give an effectual receipt for any interest payable in respect of such security unless notice to the contrary has been given to the Board by any other holders.

Section 57 – The Maharashtra Maritime Board Act, 1996. | DailyLaw.ai