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[Cites 0, Cited by 0] [Section 8] [Entire Act]

State of Madhya Pradesh - Subsection

Section 8(4) in The M.P. State Aid to Industries Rules, 1959

(4)The assets having been valued as above, all debts and liabilities of the business shall be deducted other than accumulated profits and reserves, and the balance shall represent the net value of the surplus of assets and shall be value of the business for the purposes of the Act.