section 189
Receipt by joint holders for interest or dividend.
The Delhi Municipal Corporation Act, 1957Infrastructure1957581 sections26 chapters
Chapter IX BORROWING
Statutory text
When two or more persons are joint holders of any debenture or security issued under this Act, any one of such persons may give an effectual receipt for any interest or dividend payable in respect of such debenture or security, unless notice to the contrary has been given to the Corporation by the other of such persons.
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