Bare ActsThe Asansol Municipal Corporation Act, 1990

Section 65

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

All debentures issued under this Chapter shall be in such form, and shall be transferable in such manner, as the Corporation may by regulation determine, and the right to sue in respect of the money secured by any of such debentures shall vest in the holders thereof for the time being without any preference by reason of some such debentures being prior in date to others. Power of the Corporation to open a credit account with a bank. Repayment of loan. Form and effect of debentures.

Section 65 – The Asansol Municipal Corporation Act, 1990 | DailyLaw.ai