section 36
Expenditure of Institute during dissolution
The Madras School of Economics Act, 2020Education202049 sections10 chapters
Chapter IX DISSOLUTION OR DE-RECOGNITION OF THE INSTITUTE
Statutory text
- (1) The expenditure for administration of the Institute during the process of its dissolution under section 35 shall be met out from the permanent endowment fund, the general fund and the development fund.
- (2) If the funds referred to in sub-section
- (1) are not suffi cient to meet the expenditure of the Institute, such expenditure may be met by disposing of the properties or assets of the Institute by the Government.
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