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Section 17: Payment of calls in advance

The Rajasthan State Warehousing Corporation Rules, 1975State Rules of Rajasthan · 1999

The Board may, if it thinks fit receive from any shareholder willing to advance the same, all or any part of the capital due upon the shares held by such member beyond the same actually called for, and upon the amount so paid in advance, or so much thereof as from time to time, exceeds the amount of the calls then made upon the shares in respect of which such advance has been made, the Corporation may pay interest at such rate as the shareholder paying such sum in advance and the Board agreed upon.

8 * Substituted Vide Raja than Gazette Notification dated 22-04-2010.

Where this provision sits

ActThe Rajasthan State Warehousing Corporation Rules, 1975
Section17
Marginal notePayment of calls in advance
JurisdictionState of Rajasthan
StatusIn force as published by the source

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