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Section 3: Establishment and incorporation

Industrial Development Corporation Act, 1965State Act of Goa · Act 22 of 1965

(1) For the purpose of securing and assisting in the rapid and orderly establishment and organisation of industries in industrial areas and industrial estates in Goa, there shall be established by the State Government by notification in the Official Gazette a Corporation by the name of the Goa Industrial Development Corporation.

(2) The said Corporation shall be a body corporate with perpetual succession and a common seal, and may sue and be sued in its corporate name, and shall be competent to acquire, hold and dispose of property both movable and immovable, and to contract, and do all things necessary for the purposes of this Act.

Where this provision sits

ActIndustrial Development Corporation Act, 1965
Section3
Marginal noteEstablishment and incorporation
JurisdictionState of Goa
StatusIn force as published by the source

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