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Section 50: Certificate of forfeiture

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

A certificate in writing under the hands of any director, or any other officer of the Small Industries bank duly authorised in this behalf, that the call in respect of a share was made and that the forfeiture of the share was made by a resolution of the Board to that effect, shall be conclusive evidence of the fact stated therein as against all persons entitled to such shares.

76 THE GAZETTE OF INDIA . EXTRAORDINARY [PART III—SEC. 4]

Where this provision sits

ActSmall Industries Development Bank of India (General) Regulations, 2000
Section50
Marginal noteCertificate of forfeiture
JurisdictionCentral
StatusIn force as published by the source

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