(1) If at any
time during the year it appears to 2[ 3[the Corporation]] that, notwithstanding any reduction of budget-grant
that has b een made under section 110 the income of the Municipal Fund during the same year will not
suffice to meet the expenditure sanctioned in the budget estimates of that year and to leave at the close of
the year the cash balance specified in or determined unde r the proviso to sub-section (1) of section 110,
then, it shall be incumbent on 2[ 3[the Corporation]] to sanction forthwith any measures which it may
consider necessary for adjusting the year's income to the expenditure.
Section 111 • THE DELHI MUNICIPAL CORPORATION ACT, 1957
Section 111(1)
delhi-municipal-corporation-act-1957-sec-111.json
•
Section 111
{
"act_title": "THE DELHI MUNICIPAL CORPORATION ACT, 1957",
"act_slug": "delhi-municipal-corporation-act-1957",
"section_label": "Section",
"section": {
"number": "111",
"title": "Section 111(1)",
"chapter": null,
"content": "(1) If at any\ntime during the year it appears to 2[ 3[the Corporation]] that, notwithstanding any reduction of budget-grant\nthat has b een made under section 110 the income of the Municipal Fund during the same year will not\nsuffice to meet the expenditure sanctioned in the budget estimates of that year and to leave at the close of\nthe year the cash balance specified in or determined unde r the proviso to sub-section (1) of section 110,\nthen, it shall be incumbent on 2[ 3[the Corporation]] to sanction forthwith any measures which it may\nconsider necessary for adjusting the year's income to the expenditure.",
"footnote": "",
"is_definition": false,
"sort_order": 6951
},
"prev_section": "110",
"next_section": "111"
}