Bare ActsThe calcutta municipal corporation act, 1980

Section 139

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

Every loan raised by the Corporation under seclion 134 shall be repaid within the time approved under that secliori and such repayment shall be made either (a) from a Sinking Fund established under section 145 in respect of such loan or (b) parlly from such Sinking Fund and (lo the ex lent to which such Sinking Fund falls short of the sum required Tor the repayment of such loan) partly from the loan raised for the purpose under section 134, as may be approved hy the Slate Government,

Section 139 – The calcutta municipal corporation act, 1980 | DailyLaw.ai