Act Info:
The liability of the existing State of Bihar in respect of any floating loan to provide short-term finance to any commercial undertaking shall be the liability of the State in whose territories the undertaking is located.
Bihar Reorganisation Act, 2000 Section 49 - Bare Act |
State | Central Government |
Year | 2000 |
Section Title | Floating Debt |
The liability of the existing State of Bihar in respect of any floating loan to provide short-term finance to any commercial undertaking shall be the liability of the State in whose territories the undertaking is located.