section 7
Power of Board to make regulations
The Kerala Co-operative Land Mortgage Banks Act, 1960Corporate196043 sections5 chapters
Chapter I Chapter I
Statutory text
The Board may, subject to the approval of the Trustee, make regulations not inconsistent with the provisions of this Chapter,- (i) for fixing the period of debentures and the rate of interest payable thereon; (ii) for calling in debentures after giving notice to debenture holders; (iii) for the issue of new debentures in place of debentures damaged or destroyed; (iv) for converting one class of debentures into another class of debentures bearing a different rate of interest; and (v) generally for carrying out the provisions of this Chapter.
Study data processing for this section.
PDF: pending for this language.