Section 40 in The Maharashtra Municipal Councils, Nagar Panchayats And Industrial Townships Act, 1965
40. [ Duration of Council. [Section 40 was substituted by Maharashtra 41 of 1994, Section 130.]
(1)Every Council unless sooner dissolved, shall continue for a period of five years from the date appointed for its first meeting and no longer.(2)A Council constituted upon the dissolution of a Council before the expiration of its duration shall continue only for the remainder of the period for which the dissolved Council would have continued under sub-section (1), had it not been so dissolved.]
