State Act

35-A

Section 35-A. Borrowing of money.

The Professor Jayashankar Telangana State Agricultural University Act, 1963.

Act no. 24 of 19631963In forceTelangana (State Act)

29[35-A. The University may accept moneys from the Government of India, the State Government, the University Grants Commission and also borrow money from a Bank or a Corporation, for the purposes of the University: Provided that where the University intends to borrow money from a Bank or a Corporation or both exceeding on amount of fifty thousand rupees at a time or in the aggregate it shall obtain the prior written approval of the Government therefor.