Section 38: Power to write off losses.

The Jammu and Kashmir Khadi and Village Industries Board Act, 1965Union territory Act of Jammu and Kashmir · Act 16 of 1965

The Board shall be competent to write off losses up to rupees five hundred in individual cases and not exceeding rupees five thousand in the aggregate in any financial year in cases falling under any or all of the following categories :––

(a) loss of irrecoverable value of stores or of public money due to theft, fraud or such other causes ;

(b) loss of irrecoverable advance other than loans ; and

Where this provision sits

Act	The Jammu and Kashmir Khadi and Village Industries Board Act, 1965
Section	38
Marginal note	Power to write off losses.
Jurisdiction	Union territory of Jammu and Kashmir
Status	In force as published by the source

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