section 17
Capital of the Corporation
The Andhra Pradesh Road Development Corporation Act, 1998Infrastructure199831 sections6 chapters
Chapter V FINANCE, ACCOUNTS AND AUDIT
Statutory text
Capital of the Corporation:
- (1) The initial capital of the Corporation shall be such amount as the Government may, by notification, determine.
- (2) The Government may, from time to time, increase the capital of the Corporation by such amount as it may determine.
- (3) The capital may be provided for by the Government on such terms and conditions as may be prescribed.
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