Incorporation

(1) With effect from such date as the State Government may, by notification, appoint, there shall be established for the purposes of this Act a Corporation by the name of the 'Madhya Pradesh Rajya Pashu Dhan Avam Kukkut Vikas Nigam'. (2) The Nigam shall be a body corporate having perpetual succession and a common seal with power, subject to the provisions of this Act, to acquire, hold and dispose of property, both movable and immovable and to contract and shall by the said name sue and be sued. In sub-section (1) of Section 8 of the Principal Act the words "nominated or" shall be omitted.