Act Info:
Preamble1 - Agricultural Refinance and Development Corporation Act, 1963
Chapter I Section1 - Short title, extent and commencement
Section2 - Definitions
Chapter II Section3 - Establishment and incorporation of Agricultural Refinance Corporation
Section3A - Change of name of 'Agricultural Refinance Corporation'
Section4 - Offices and agencies
Section5 - Share capital and shareholders
Section6 - Guarantee by Central Government
Section7 - Shares of Corporation to be deemed to be securities for certain purposes
Section8 - Register of shareholders
Chapter III Section9 - Management
Section10 - Board of directors
Section11 - Term of office and retirement of directors and payment of fees of them
Section12 - Disqualifications
Section13 - Vacation and resignation of office by directors
Section14 - Managing director
Section15 - Casual vacancies in the office of managing director
Section16 - Meetings of Board
Section17 - Committees of Corporation
Section18 - Member of Board or Committee thereof not to vote in certain cases
Chapter IV Section19 - Central Government to make a loan of five crores of rupees
Section20 - Borrowings by Corporation
Section21 - Loans in foreign currency
Section22 - Business which the Corporation may transact
Section23 - Omitted
Section24 - Power to impose conditions for accommodation
Section25 - Power to call for repayment before agreed period
Section26 - Deposit accounts and investments
Chapter V Section27 - Preparation of balance sheet, etc., of Corporation
Section28 - Disposal of profits
Section29 - Special deposit
Section30 - Audit
Section31 - General meetings
Section32 - Returns
Chapter VI Section33 - Power of Central Government to give directions
Section34 - Staff of Corporation
Section35 - Corporation to have access to records
Section36 - Act 18 of 1891 to apply to books of Corporation
Section37 - Liquidation of Corporation
Section38 - Indemnity of directors
Section39 - Defects in appointment not to invalidate acts, etc
Section40 - Protection of action taken under the Act
Section41 - Declaration of fidelity and secrecy
Section42 - Provisions relating to income-tax and super-tax
Section42A - Corporation to be exempt from income-tax and surtax for a certain period
Section43 - Delegation of powers
Section44 - Penalties
Section45 - Offences by companies
Section46 - Powers of Board to make regulations
Section47 - Amendment of certain enactments
Schedule1 - SCHEDULE
Schedule2 - SCHEDULE