section 23
Power of Authority to borrow or advance money
The Haryana Urban Development Authority Act, 1977Infrastructure1977111 of 112 sections available7 chapters
Chapter V FINANCE, ACCOUNTS AND AUDIT
Statutory text
- (1) The Authority may, from time to time, borrow money by way of loans or debentures from such sources, other than the State Government, and on such terms and conditions, as may be prescribed.
- (2) The Authority may advance money for residential, industrial or commercial purposes on such terms and conditions as may be prescribed.
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