Section 35: Power to write of losses

The Meghalaya Khadi and Village Industries Board Act,1980 (Act No.27 of 1980)State Act of Meghalaya · Act 27 of 1980

The Board shall be competent to write of losses upto Rs.500 in individual cases and not exceeding Rs.5,000 in the aggregate in any financial year in cases failing under all or any of the following categories:-

(a) loss of irrecoverable value of stores or of public money due to theft, fraud or such other cause;

(b) loss of irrecoverable advance other than loans; and

Where this provision sits

Act	The Meghalaya Khadi and Village Industries Board Act,1980 (Act No.27 of 1980)
Section	35
Marginal note	Power to write of losses
Jurisdiction	State of Meghalaya
Status	In force as published by the source

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