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[Cites 0, Cited by 0] [Section 111] [Entire Act]

NCT Delhi - Subsection

Section 111(1) in The Delhi Municipal Corporation Act, 1957

(1)If at any time during the year it appears to the Corporation that, notwithstanding any reduction of budget-grant that has been made under section 110 the income of the Municipal Fund during the same year will not suffice to meet the expenditure sanctioned in the budget estimates of that year and to leave at the close of the year the cash balance specified in or determined under the proviso to sub-section (1) of section 110, then, it shall be incumbent on the [a Corporation] [Substituted by Delhi Act 12 of 2011, section 2(a), "for the Corporation" (w.e.f. 13-1-2012)] to sanction forthwith any measures which it may consider necessary for adjusting the year's income to the expenditure.