37. Subject to approval of the Board, a NIRMAN Kshetra Authority may borrow and raise loans from any source including by issue of bonds, debentures and other instruments for carrying out the purpose of this Act or for servicing any loan obtained by it, up to such limits and on such rates and other conditions as the State Government may specify.
Section 37: Power of the NIRMAN Kshetra Authority to borrow and raise loans
The Uttar Pradesh Nodal Investment Region for Manufacturing (Nirman) Kshetra Act, 2024State Act of Uttar Pradesh · Act 9 of 2024
Where this provision sits
| Act | The Uttar Pradesh Nodal Investment Region for Manufacturing (Nirman) Kshetra Act, 2024 |
|---|---|
| Section | 37 |
| Marginal note | Power of the NIRMAN Kshetra Authority to borrow and raise loans |
| Jurisdiction | State of Uttar Pradesh |
| Status | In force as published by the source |
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