State Act
28
Section 28. Dissolution of Board.
Punjab Schedule Castes Land Reforms and Finance Corporation Act, 1970
Act no. 9 of 19701981In forcePunjab (State Act)
28. (1) No provision of law other than this Act, relating to the winding up, dissolution or liquidation of the companies or corporations shall apply to the Corporation. (2) The Governor may, if the Corporation exceeds its powers, or upon receipt of a report under section 27, call upon the Board to show cause why it should not be dissolved, and if no explanation is offered within the specified period, or if the Governor is not satisfied with the explanation, he may dissolve the Board from such date as may be specified.