If, after the issue of shares under section 23 a Corporation requires any further capital, the Corporation may, with the previous sanction of the State Government, raise such additional capital by the issue of new shares and the provisions of sub-sections (2), [(2A)] (3), (4), (5) and (6) of the said section shall apply to the issue of such shares.
Section 24: Additional capital of the Corporation.
The Road Transport Corporations Act, 1950Central Act · Act 64 of 1950
Where this provision sits
| Act | The Road Transport Corporations Act, 1950 |
|---|---|
| Section | 24 |
| Marginal note | Additional capital of the Corporation. |
| Jurisdiction | Central |
| Status | In force as published by the source |
How this provision has been amended
Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.
- inserted, Act 63 of 1982. . Ins. by Act 63 of 1982, s. 16 and the Schedule (w.e.f. 13-11-1982).
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 accountNeed this as data, not as a page? The Road Transport Corporations Act, 1950 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.