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Section 41: Power to borrow.

The Mumbai Metropolitan Region Specified Commodities Markets (Regulation of Location) Act, 1983State Act of Maharashtra · Act 42 of 1983

A committee may, with the previous approval of the State Government, borrow, on the security of any immovable property vested in the committee or proposed to be acquired by it under this Act, any moneys for carrying out the purposes of this Act or for servicing any loan obtained by it, at such rates and on such conditions as the State Government may determine at the time the moneys are borrowed.

Where this provision sits

ActThe Mumbai Metropolitan Region Specified Commodities Markets (Regulation of Location) Act, 1983
Section41
Marginal notePower to borrow.
JurisdictionState of Maharashtra
StatusIn force as published by the source

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