Title : Development Assistance Fund
State : Central
Year : 1964
with effect from such date as the central government may, by notification in the official gazette, appoint the development bank shall establish a special fund to be called the development assistance fund.
View Complete Act List Judgments citing this sectionTitle : Credits to Development Assistance Fund
State : Central
Year : 1964
to the development assistance fund shall be credited-- (a) all amount received for the purposes of that fund by way of loans, gifts, grants, donations or benefactions from government or any other source; (b) repayments or recoveries in respect of loans, .....
View Complete Act List Judgments citing this sectionTitle : Utilisation of Development Assistance Fund
State : Central
Year : 1964
section 16 - utilisation of development assistance fund (1) where the development bank considers it necessary or desirable soto do, it may, subject to the provisions of sub-sections (2) and (3), disburseor spend from the development assistance fund any .....
View Complete Act List Judgments citing this sectionTitle : Debits to Development Assistance Fund
State : Central
Year : 1964
(1) to the development assistance fund shall be debited-- (a) such amounts as may from time to time be disbursed or spent under sub-sections (1) to (3) of section 16; (b) such amount as may be required for discharging the liabilities in respect of loans .....
View Complete Act List Judgments citing this sectionTitle : Liquidation of Development Assistance Fund
State : Central
Year : 1964
the development assistance fund shall not be closed or wound up save by order of the central government and in such manner as that government may direct.
View Complete Act List Judgments citing this sectionTitle : Preparation of Accounts and Balance-sheet
State : Central
Year : 1964
section 21 - preparation of accounts and balance-sheet (1) the balance-sheet and accounts of the development bank shall beprepared in such form and manner as may be prescribed. (2) the board shall cause the books and accounts ofthe development bank to be .....
View Complete Act List Judgments citing this sectionTitle : Disposal of Profits Accruing to General Fund
State : Central
Year : 1964
section 22 - disposal of profits accruing to general fund (1) the development bank mayestablish a reserve fund to which may be transferred such sums as that bank maydeem fit out of the annual profits accruing to the general fund. 1 [(2) after making .....
View Complete Act List Judgments citing this sectionTitle : Saving
State : Central
Year : 1964
save as otherwise provided in sub-section (4) of section 18, nothing contained in this chapter shall apply to the development assistance fund.
View Complete Act List Judgments citing this sectionTitle : Returns
State : Central
Year : 1964
the development bank shall furnish, from time to time, to the central government and the reserve bank such returns as the central government or, as the case may be, the reserve bank, may require.
View Complete Act List Judgments citing this sectionTitle : Liquidation of Development Bank
State : Central
Year : 1964
no provision of law relating to the winding up of companies or corporations shall apply to the development bank and the development bank shall not be placed in liquidation save by order of the central government and in such manner as it may direct.
View Complete Act List Judgments citing this section