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133. Reduction and transfer. Reductions in, and transfers from a budget grant shall be made as under:--

(a) Subject to the provisions of sub-section (1) of section 131, on the recommendations of the Standing Committee the Corporation may, from time to time, during an official year, sanction the transfer of any amount exceeding twenty lakh rupees from one budget grant to another budget grant.
(b) The Standing Committee may at any time during an official year,--

134. Re-adjustment of income and expenditure to be made by the corporation during course of official year whenever necessary. (1) If it shall at any time during any official year appear to the Corporation, upon the representation of the Standing Committee or the Brihan Mumbai Electric Supply and Transport Committee, that notwithstanding any reduction of budget grants that may have been made by the appropriate committee under section 133, the income of the municipal fund or the Brihan Mumbai Electric Supply and Transport Fund, as the case may be, during the said year will not suffice to meet the expenditure sanctioned in the budget estimates of the said year as so reduced and to leave at the close of the year a cash balance of not less than one lakh of rupees in the case of either the municipal fund or the Brihan Mumbai Electric Supply and Transport Fund, it shall be incumbent on the Corporation to sanction forthwith any measure which shall be necessary for proportioning the year income to the expenditure.