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TypeBare Act JurisdictionCentral Government

Coconut Development Board Act,1979 Section 14

Borrowing Powers of the Board

~1 min read
https://sooperkanoon.com/act/10457

Bare act section · Research

About this section

Coconut Development Board Act,1979 Section 14 is part of Coconut Development Board Act,1979 - Borrowing Powers of the Board. Read the section text below and explore Indian court judgments that cite it.

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Section Text

(1) The Board may for the purposes of carrying out its functions under this Act, and with the previous approval of, and subject to the directions of the Central Government, borrow money from

(a) the public by the issue or sale of bonds or debentures or both carrying interest at such rates as may be specified therein;

(b) any bank or other institution;

(c) such other authority, organisation or institution as may be approved by the Central Government in this behalf.

(2) The Central Government may guarantee the repayment of the moneys borrowed by the board under sub-section (1) and the payment of interest thereon and other incidental charges.

Frequently asked questions

What does Coconut Development Board Act,1979 Section 14 provide?

Section Section 14 of the Coconut Development Board Act,1979 (Borrowing Powers of the Board) is reproduced on this page as part of the Coconut Development Board Act,1979. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Coconut Development Board Act,1979 Section 14?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Coconut Development Board Act,1979 Section 14. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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