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this Act, the Board may,- (1) borrow moneys by means of temporary overdraft or otherwise by placing the securities held by the Board ... assets without the previous sanction of the Government: Provided that, such temporary overdrafts or other loans,- (a) shall not at any time have a longer

Section 36 in The Maharashtra Electricity (Supply) Rules, 1963 36. Temporary borrowing by Board. - The Board may. for the purpose of meeting any current expenditure ... issue of bonds or otherwise, borrow by way of temporary loan or overdraft from any bank or otherwise, such sums as it may require