section 38
Forms of debentures.
The Meghalaya State Housing Board Act, 1986Infrastructure198660 sections6 chapters
Chapter V FINANCE, ACCOUNTS AND AUDIT
Statutory text
- (1) Whenever money is borrowed by the Board by issue of debentures, the debentures shall be in such form as the Board may, with the previous sanction of the Government, specify.
- (2) 1" All debentures issued by the Board shall be signed jointly by-
- (a) the Chairman or, in his absence, the Vice Chairman; and
- (b) the Housing Committee."
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