When two or more persons are joint holders of any debenture or security issued under this Act, any one of such persons may give an effectual receipt for any interest or dividend payable in respect of such debentures or security, unless notice to the contrary has been given to the Corporation by the other persons.
Section 147: Receipt by joint holders for the interest or dividend.
The Jammu and Kashmir Municipal Corporation Act, 2000Union territory Act of Jammu and Kashmir · Act 21 of 2000
Where this provision sits
| Act | The Jammu and Kashmir Municipal Corporation Act, 2000 |
|---|---|
| Section | 147 |
| Marginal note | Receipt by joint holders for the interest or dividend. |
| Jurisdiction | Union territory of Jammu and Kashmir |
| Status | In force as published by the source |
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