Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Entire Act]

State of Assam - Section

Section 25 in Assam Industrial Infrastructure Development Corporation Act, 1990

25. Reserved and other funds.

(1)The Corporation shall make provisions for such reserve and other specially denominated funds as the State Government may, from time to time, direct.
(2)The management of the funds referred to in sub-section (1), the sums to be transferred from time to time to the credit therein and the application of money comprised therein shall be determined by the Corporation.
(3)The funds referred to in sub-section (1) shall not be utilized for any purpose other than that for which it was constituted without the previous approval of the State Government