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[Cites 0, Cited by 0] [Section 147] [Entire Act]

State of Jharkhand - Subsection

Section 147(1) in Jharkhand Municipal Act, 2011

(1)A municipality shall, if and when required for the purpose of raising funds through a Municipal Bond, arrange to have a credit rating of the Municipality by a Credit Rating Agency, duly approved by the Central Government, in this regard.