State Act

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Section 3. Establishment of Maharashtra Krishna Valley Development Corporation.

The Maharashtra Krishna Valley Development Corporation Act, 1996

Act no. XV of 19961996In forceMaharashtra (State Act)

3. Establishment of Maharashtra Krishna Valley Development Corporation.— (1) The State Government shall, by 1notification in the Official Gazette, establish for the purposes of this Act, a Corporation to be called the Maharashtra Krishna Valley Development Corporation. (2) The Corporation established under sub-section (1) shall be a body corporate having perpetual succession and a common seal, with power to contract, acquire, hold and dispose of property, both movable and immovable, and to do all things, necessary for the purposes of this Act, and may sue and be sued by its corporate name. (3) The Head Office of the Corporation shall be at Pune.