CourtMesh

Section 33: Power of Corporation to borrow.

The Maharashtra Godawari Marathwada Irrigation Development Corporation Act, 1998State Act of Maharashtra · Act 23 of 1998

(1) The Corporation may, subject to such conditions as may be prescribed in this behalf, borrow money from the financial institutions or non-resident Indians, or from the open market by issue of guaranteed or unguaranteed bonds, debentures stocks and otherwise, for the purpose of providing itself with adequate resources.

(2) The maximum amount which the Corporation may at any time have on loan under sub-section (1) shall not exceed rupees one thousand crores, unless the State Government fixes a higher maximum limit for this purpose.

Where this provision sits

ActThe Maharashtra Godawari Marathwada Irrigation Development Corporation Act, 1998
Section33
Marginal notePower of Corporation to borrow.
JurisdictionState of Maharashtra
StatusIn force as published by the source

Find the provision, not just read it

The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:

  • Search 49,000+ Central and State enactments by what a provision says, not by its number
  • Jump from any section to every judgment that has applied it
  • Search 300 million+ Indian court records alongside the statute
  • Ask a research agent to find and read the case law on a provision for you

Free account. No card. About a minute to create.

Create a free account

Need this as data, not as a page? The Maharashtra Godawari Marathwada Irrigation Development Corporation Act, 1998 is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.