Bare Acts › The PUDUCHERRY STATE AID TO INDUSTRIES ACT, 1970

Section 14

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In any case in which a loan or loans is or are granted under this Act amounting to rupees two lakhs or upwards, the Government shall, and in any other case may, by the appointment of Government Directors or otherwise, take power to ensure such control over the conduct of the business or enterprise as shall suffice in their opinion to safeguard their interests. Repayment of loans