1 | Short title, extent and commencement | View Details |
10 | Board of Directors | View Details |
10A | Vacation of office by an elected Director | View Details |
10A | Vacation of office by an elected Director | View Details |
11 |
Term of office and retirement of Directors | View Details |
12 |
Disqualification for being a Director | View Details |
13 |
Removal of Director from office | View Details |
14 |
Resignation of office by Director and filling up of casual vacancies | View Details |
15 |
Chairman of the Board | View Details |
16 |
Remuneration of Directors | View Details |
17 |
Managing Director | View Details |
18 |
Executive Committee | View Details |
19 |
Meetings of the Board and Committee | View Details |
2 | Definitions | View Details |
20 |
Powers of Executive Committee | View Details |
21 |
Advisory Committee | View Details |
22 |
Offices and agencies | View Details |
23 |
Officers and other employees of the Financial Corporation | View Details |
24 |
General duty of the Board | View Details |
25 |
Business which Financial Corporation may transact | View Details |
25 |
Power to acquire rights | View Details |
26 |
Limit of accommodation | View Details |
27 |
Power to impose conditions for accommodation | View Details |
28 |
Prohibited business | View Details |
29 |
Rights of Financial Corporation in case of default | View Details |
3 | Establishment of State Financial Corporations | View Details |
30 |
Power to call for repayment before agreed period | View Details |
31 |
Special provisions for enforcement of claims by Financial Corporation | View Details |
32 |
Procedure of District Judge in respect of applications under section 31 | View Details |
32 |
Power of Financial Corporation to appoint Directors or administrators of an industrial concern when management is taken over | View Details |
32 |
Effect of notified order under section 32A | View Details |
32 |
Powers and duties of Directors and administrators | View Details |
32 |
No right to compensation for termination of contract of Managing Agent, Managing Director, etc. | View Details |
32 |
Application of Act 1 of 1956 | View Details |
32 |
Restriction on filing of suits for dissolution, etc. of an industrial concern not being a company when its management is taken over | View Details |
32 |
Recovery of amounts due to the Financial Corporation as an arrear of land revenue | View Details |
33 | Funds of the Financial Corporation | View Details |
34 | Investment of funds | View Details |
35 | Disposal of profits | View Details |
35A | Special reserve fund | View Details |
36 | General meetings | View Details |
37 | Audit | View Details |
37A | Inspection | View Details |
38 | Returns | View Details |
39 |
Power to give instructions to Financial Corporation on questions of policy | View Details |
3A | Establishment of Joint Financial Corporations | View Details |
4 | Share capital and shareholders | View Details |
40 |
Declaration of fidelity and secrecy | View Details |
41 |
Indemnity of Directors | View Details |
41 |
Protection of action taken by persons appointed under section 27 or section 32A | View Details |
42 |
Offences | View Details |
43 |
Provisions relating to income tax and super-tax | View Details |
43 |
Delegation of powers | View Details |
43 |
Reports to the Board | View Details |
44 |
Act 18 of 1891 to apply to the books of the Financial Corporation | View Details |
45 |
Liquidation of Financial Corporation | View Details |
46 |
Power to apply Act to certain financial institutions in existence at commencement of Act | View Details |
46 |
Extension of jurisdiction of the Financial Corporation to other States by agreement | View Details |
46 |
Effect of Act on other laws | View Details |
47 |
Power of State Government to make rules | View Details |
48 |
Power of Board to make regulations | View Details |
48 |
Laying of rules and regulations before State Legislature | View Details |
49 |
Power to remove difficulty | View Details |
4A | Special class of shares | View Details |
4B | Transfer of share capital to Development Bank | View Details |
4C | Payment of amount | View Details |
5 | fer of shares | View Details |
6 | Shares to be guaranteed by the State Government and to be trust or approved securities | View Details |
7 | Additional capital of the Financial Corporation and its borrowing powers | View Details |
7A | Power to transfer rights | View Details |
8 | Deposits with the Financial Corporation | View Details |
9 | Management of Financial Corporations | View Details |
TH |
Schedule Declaration Of Fidelity And Secrecy | View Details |