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[Cites 0, Cited by 0] [Section 27(4)] [Section 27] [Entire Act]

Union of India - Subsection

Section 27(4)(b) in The Industrial Finance Corporation Act, 1948

(b)after the expiry of the period specified in clause (a),-
(i)shall be borne by the Corporation in respect of normal market fluctuations in foreign exchange;
(ii)shall be reimbursed by, or paid to, as the case may be, the Central Government in respect of fluctuations other than the normal market fluctuations in foreign exchange.