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[Cites 0, Cited by 3] [Section 32] [Entire Act]

Union of India - Subsection

Section 32(12) in The State Financial Corporations Act, 1951

(12)[ For the removal of doubts it is hereby declared that any Court competent to grant an ad interim injunction under this section shall also have the power to appoint a Receiver and to exercise all the other powers incidental thereto.] [ Substituted by Act 43 of 1985, Section 20, for sub-Section (12) (w.e.f. 21-8-1985).][32-A. Power of Financial Corporation to appoint directors or administrators of an industrial concern when management is taken over.-