Faridabad Development Corporation Act : Capital of the Corporation. Indian Bare Acts :

Faridabad Development Corporation Act,1956

Act No : 90

Section : Capital of the Corporation.

15. Capital of the Corporation. All non-recurring expenditure incurred by the Central Government or the body known as the Faridabad Development Board for and in connection with the development of Faridabad or for any of the purposes referred to in this Act upto the date of the establishment of the Corporation and declared to be capital expenditure by the Central Government shall be treated as the capital provided by the Central Government to the Corporation.