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Section 20: Priority for payment of interest and repayment of loans

The Kerala Metropolitan Transport Authority Act, 2019 (25 of 2019)State Act of Kerala · Act 25 of 2019

Subject to the provisions of any law for the time being in force, all payments due from the Authority on account of interest on loans or the repayment of loans shall be made in priority out of all other dues from the Authority.

Where this provision sits

ActThe Kerala Metropolitan Transport Authority Act, 2019 (25 of 2019)
Section20
Marginal notePriority for payment of interest and repayment of loans
JurisdictionState of Kerala
StatusIn force as published by the source

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