State Act

19

Section 19. Additional capital.

The West Bengal Scheduled Castes Development And Finance Corporation Act, 1976

Act no. 39 of 19761976RepealedWest Bengal (State Act)

This Act was repealed on a date we do not have by the West Bengal Scheduled Castes, Scheduled Tribes and Other Backward Classes Development and Finance Corporation Act, 2017 (West Bengal Act XXX of 2017), s.33(1); it may still apply to matters that began before then.

19. If after the issue of shares under sub-section (2) of section 18, the Corporation requires any further capital, the Corporation may, with the previous sanction of the State Government, raise such additional capital by the issue of new shares and the provisions of sub-sections (3), (4), (5) and (6) of section 18 shall mutatis mutandis apply to such shares.