State Act

10

Section 10. Redeemable period of debentures.

The Himachal Pradesh Co-operative Agriculture and Rural Development Banks Act, 1979

Act no. 23 of 19791979In forceHimachal Pradesh (State Act)

10. Redeemable period of debentures.- Such debentures may contain a term fixing a period of not exceeding 30 years from the date of issue during which they shall be irredeemable, or reserving to the Board the right to call in any time any of the debentures in advance of the date fixed for redemption, after giving, to the debenture-holder concerned, not less than three months' notice in writing.