No borrower shall pay any dividend or distribute or take any profits in excess of such percentage rate upon the amount of the capital of the industry as the State Government may,form time to time, fix, until the conditions on which the State aid has been granted are fulfilled.
Section 33: Disposal of profits when conditions on which State aid is given are not fulfilled
The Himachal Pradesh State Aid to Industries Act, 1968State Act of Himachal Pradesh · Act 2 of 1971
Where this provision sits
| Act | The Himachal Pradesh State Aid to Industries Act, 1968 |
|---|---|
| Section | 33 |
| Marginal note | Disposal of profits when conditions on which State aid is given are not fulfilled |
| Jurisdiction | State of Himachal Pradesh |
| Status | In force as published by the source |
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