Section 27: Allocation of surplus profit

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

(1) The Nigam shall establish a reserve fund to which shall be credited every year such portion of its annual net profits as the Nigam thinks fit.

(2) After making provisions for such reserve fund and for bad and doubtful debts and all other matters which are usually provided for by companies registered and incorporated under the Companies Act, 1956 (Central Act | of 1956) the balance of its annual net profits shall be paid to the State Government.

Where this provision sits

Act	The Chhattisgarh Rajya Beej Evam Farm Vikas Nigam Adhiniyam, 1980.
Section	27
Marginal note	Allocation of surplus profit
Jurisdiction	State of Chhattisgarh
Status	In force as published by the source

Find the provision, not just read it

The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:

Search 49,000+ Central and State enactments by what a provision says, not by its number
Jump from any section to every judgment that has applied it
Search 300 million+ Indian court records alongside the statute
Ask a research agent to find and read the case law on a provision for you

Free account. No card. About a minute to create.

Create a free account

Need this as data, not as a page? The Chhattisgarh Rajya Beej Evam Farm Vikas Nigam Adhiniyam, 1980. is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.