Security to be taken for performance of contracts.

The General Manager shall require sufficient security for the due performance, of every contract into which he enters under section 460M and may,

11[in his discretion] require security for the due performance of any other contract into which he enters under this Act. Acquisition and disposal of property

These words were substituted by Mah. 17 of 2012, s. 5(2).

These words were substituted for the words “Bombay Electric Supply and Transport Undertaking” by Mah. 25 of 1996,

s. 2, Schedule. These words were substituted for the words “one lakh rupees” by Mah. 10 of 1998, s. 206(a). These words were substituted for the words “five thousands rupees” by Mah. 10 of 1998, s. 206(b). These words were substituted for the words “Member-in-charge” by Mah. 27 of 1999, s. 170. These words were added by Mah. 17 of 2012, s. 6. These words were substituted for the letter and figures “Rs. 3000 ” by Mah. 10 of 1998, s. 207(c). These words were substituted by Mah. 17 of 2012, s. 7(1). This proviso was added by Mah. 17 of 2012, s. 7(2). These words were substituted for the words “Member-in-charge” by Mah. 27 of 1999, s. 171. These words were substituted for the words “with the approve of the Member-in-charge” by Mah. 27 of 1999, s. 172.

1888 : III] The Mumbai Municipal Corporation Act 343