Bare ActsThe West Bengal Backward Classes Development And Finance Corporation Act, 1995

Section 19

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

If after the issue of shares under sub-section (2) of section 18, the Corporation requires any further capital, the Corporation may, with the previous sanction of the State Government, raise such additional capital by the issue of new shares and the provisions of sub-sections (3), (4), (5) and (6) of section 18 shall mutatis mutandis apply to such shares. The Corpora- tion to act on business principles. Capital of the Corporation. Additional capital.

Section 19 – The West Bengal Backward Classes Development And Finance Corporation Act, 1995 | DailyLaw.ai