(1) The Government shall by notification establish for the purposes of this Act, a Corporation to be called the 6Telangana Infrastructure Development Corporation.
3. Adapted by G.O.Ms.No.142, Municipal Administration & Urban Development (A2) Department, dated 29.10.2015.
4. Substituted by Act No.41 of 2006.
5. Adapted by G.O.Ms.No.9, Panchayat Raj & Rural Development (Mandal) Department, dated 12.09.2014 and now see the Telangana Panchayat Raj Act, 2018 (Act No.5 of 2018).
6. Substituted by G.O.Ms.No.45, Law (F) Department, dated 01.06.2016.
Establishment of 6Telangana Infrastructure Development Corporation.
[Act No.37 of 1998] 3
(2) The Corporation established under sub-section (1) shall be a body corporate having perpetual succession and a common seal, with power to contract, acquire, hold and dispose of property, both movable and immovable and to do all things necessary for the purposes of this Act, and may sue and be sued by its Corporate name.
(3) The Head Office of the Corporation shall be at Hyderabad.