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Section 26: Funds of the Nigam

The Chhattisgarh Rajya Beej Evam Farm Vikas Nigam Adhiniyam, 1980.State Act of Chhattisgarh · Act 18 of 1980

(1) The Nigam shall have and maintain its own funds, and all receipts of the Nigam shall be carried thereto and all payments by the Nigam shall be made therefrom.

(2} The funds of the Nigam shall be applied by it for meeting all administrative expenses of the Nigam and for carrying out the purposes of this Act.

(3) The Nigam may deposit with any bank such sums as may be needed by it for its operations and the surplus may be invested in such manner as may be approved by the State Government.

Where this provision sits

ActThe Chhattisgarh Rajya Beej Evam Farm Vikas Nigam Adhiniyam, 1980.
Section26
Marginal noteFunds of the Nigam
JurisdictionState of Chhattisgarh
StatusIn force as published by the source

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