section 11
Power of State Development Bank to make regulations for the purpose of this Chapter
The Madhya Pradesh Sahakari Krishi Aur Gramin Vikas Bank Adhiniyam, 1999The State Development Bank shall, subject to the approval of the Trustee, make regulations not inconsistent with the provisions of this Chapter— (a) for fixing the period of debentures or bonds or deposits and the rate of interest payable thereon: (b) for calling in debentures or bonds after giving notice to debenture or bond holder, as the case may be: (c) for the issue of new debenture or bonds in place of debentures or bonds damaged or destroyed and fixing the fee for such issue; (d) for converting one class of debentures or bonds into another class of debentures or bonds bearing a different rate of interest; and (e) generally for carrying out the provisions of this Chapter.
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