State Act

92

Section 92. Receipt by joint holders for interest or dividend

THE ORISSA TOWN PLANNING & IMPROVEMENT TRUST ACT, 1956

Act no. 10 of 19571957In forceOdisha (State Act)

92 - Receipt by joint holders for interest or dividend :- Where two or more persons are joint holders of any debentures or security issued under this Act, any one of such persons may give an effectual receipt for any interest or dividend payable in respect of such debenture or security, unless notice to the contrary has been given to the Planning authority by any other of such person.