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Union of India - Section

Section 33 in The Small Industries Development Bank Of India (General Regulations), 2000*

33. Extension of time for payment of call .-The Board may, from time to time and at its discretion, extend the time fixed for the payment of any call as to all or any of the shareholders having regard to distance of their residence or some other sufficient cause, but no shareholders shall be entitled to such extension as a matter of right.