State Act
35
Section 35. Disposal of profits and deficits.
The Telangana Road Development Corporation Act, 1998.
Act no. 1 of 19981998In forceTelangana (State Act)
35. (1) Subject to the provisions of sub-section (2) of section 37 of this Act, the net profit, if any, attributable to each of the main objects, namely road development, maintenance and management shall be fully credited to the Corporation. (2) the net-deficit, if any in respect of any of the objects shall be solely borne by the Government.