All debentures issued under this chapter shall be in such
form as the Corporation may, with the previous sanction of the Government, determine and
shall be transferable in such manner as shall be expressed therein, and the right to sue in
respect of the money secured by any of such debentures shall vest in the holders thereof for
the time being without any preference by reason of some of such debentures being prior in
date to others.
Section 161 • THE ARUNACHAL PRADESH MUNICIPAL CORPORATION ACT, 2019
Section 161. Form and effect of debentures
arunachal-pradesh-municipal-corporation-act-2019-sec-161.json
•
Section 161
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"act_title": "THE ARUNACHAL PRADESH MUNICIPAL CORPORATION ACT, 2019",
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"section": {
"number": "161",
"title": "Section 161. Form and effect of debentures",
"chapter": null,
"content": "All debentures issued under this chapter shall be in such\nform as the Corporation may, with the previous sanction of the Government, determine and\nshall be transferable in such manner as shall be expressed therein, and the right to sue in\nrespect of the money secured by any of such debentures shall vest in the holders thereof for\nthe time being without any preference by reason of some of such debentures being prior in\ndate to others.",
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