section 57
Power of one or two or more joint holders to grant receipts.
The Gujarat Maritime Board Act, 1981Infrastructure1981117 sections11 chapters
Chapter VII BORROWING POWERS OF BOARD
Statutory text
Where two or more persons are joint holders of any Board security, any one of those persons may give an effetual receipt for any interest payable in respect of such security unless notice to the contrary has been given to the Board by any other of the holders.
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