Where two or more persons are joint holders of any Board Security, any one of those persons may give an effectual receipt for any interest payable in respect of such security unless notice to the contrary has been given to the Board by any other holders.
Section 57: Power of two or more joint holders to give receipt.
The Maharashtra Maritime Board Act, 1996.State Act of Maharashtra · Act 15 of 1997
Where this provision sits
| Act | The Maharashtra Maritime Board Act, 1996. |
|---|---|
| Section | 57 |
| Marginal note | Power of two or more joint holders to give receipt. |
| Jurisdiction | State of Maharashtra |
| Status | In force as published by the source |
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