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Section 33: Extension of time for payment of call

Small Industries Development Bank of India (General) Regulations, 2000Central Regulations · 1989

The Board may, from time to time and at its discretion, extend the time fixed for the payment of any call as to all or any of the shareholders having regard to distance of their residence or some other sufficient cause, but no shareholders shall be entitled to such extension as a matter of right.

Where this provision sits

ActSmall Industries Development Bank of India (General) Regulations, 2000
Section33
Marginal noteExtension of time for payment of call
JurisdictionCentral
StatusIn force as published by the source

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