Amendment status not verified — confirm the current text below against the official source.
All receipts of the Corporation shall be carried into its general fund and all payments by the Corporation shall be made therefrom. Additional capital. Guarantee by State. Govern- ment in respect of shares. Borrowing by the Corpora- tion. Receipts into and payments from the general fund of the Corpora- tion. Grants to Board or Boards. Dividends on shares. Reserve and other funds. Expendi- ture from the funds. Budget. Audit by Auditor appointed by State Govern- Inent. 6 The West Bengal Development Corporation Act, 1954. [West Ben. Act (Sections 24-29.)