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[Cites 0, Cited by 0] [Section 16] [Entire Act]

NCT Delhi - Subsection

Section 16(1) in The Delhi Apartment ownership Act, 1986

(1)The Board or Manager-
(a)shall have, if requested so to do by a mortgage having a first mortgage covering an apartment, the authority to, and
(b)shall, if required so to do by the bye-laws or by a majority of the apartment owners,
obtain insurance for the property against loss or damage by fire or other hazards under such terms and for such amounts as shall be so requested or required.