section 57
Power of two or more joint holders to give receipt.
The Maharashtra Maritime Board Act, 1996Infrastructure1996118 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 effectual receipt for any interest payable in respect of such security unless notice to the contrary has been given to the Board by any other holders.
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