State Act
161
Section 161. Liability in respect of debenture renewed.
The Greater Hyderabad Municipal Corporation Act, 1955.
Act no. 2 of 19561956In forceTelangana (State Act)
161. (1) When a renewed debenture has been issued under section 159 in favour of any person, the debenture so issued shall be deemed to constitute a new contract between the Corporation and such person and all persons deriving title thereafter through him. (2) No such renewal shall affect the rights as against the Corporation of any other person to the debenture so renewed.