section 15
Subscription for shares and debentures or guarantee of a minimum return on capital
The Tamil Nadu State Aid to Industries Act, 1922General192229 of 20 sections available
Statutory text
The condition of subscription for shares and debentures by the State Governme~t or the guarantee of a minimum return on the capital of any industrial business or enterprise shall be that the business or enterprise shall be subject to the cond~tions of section 11 in respect of inspections and returns as well as of the provisions of section 12 in respect of Government control :
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