All debentures issued under this Chapter shall be in such form as [[Corporation]] may, with the previous sanction of [the Central [Government]], determine and shall be transferable in such manner as shall be therein expressed; and the right to sue in respect of the moneys secured by any of such debentures shall vest in the holders thereof for the time being without any preference by reason of some such debentures being prior in date to others.
Section 187: Form and effect of debentures.
The Delhi Municipal Corporation Act, 1957Central Act · Act 66 of 1957
Where this provision sits
| Act | The Delhi Municipal Corporation Act, 1957 |
|---|---|
| Section | 187 |
| Marginal note | Form and effect of debentures. |
| Jurisdiction | Central |
| Status | In force as published by the source |
How this provision has been amended
Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.
- substituted, Delhi Act 12 of 2011. . Subs. by Delhi Act 12 of 2011, s. 2 "the Corporation" (w.e.f. 13-1-2012).
- substituted, Act 10 of 2022. . Subs. by Act 10 of 2022, s. 2, for "a Corporation" (w.e.f. 22-5-2022).
- substituted, Delhi Act 12 of 2011. . Subs. by Delhi Act 12 of 2011, s. 2, for "Central Government" (w.e.f. 13-1-2012).
- substituted, Act 10 of 2022. . Subs. by Act 10 of 2022, s. 2, for "Government" (w.e.f. 13-1-2012).
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