TypeBare Act JurisdictionCentral Government Enacted2000

Bihar Reorganisation Act, 2000 Section 49

FLOATING DEBT The liability of the existing State of Bihar in respect of any floating loan to provide short-term

Section Text

SECTION 49: 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.