State Financial Corporations Act : General duty of the Board. Indian Bare Acts :

State Financial Corporations Act,1951

Act No : 63

Section : General duty of the Board.

24. General duty of the Board. The Board in discharging its functions under this Act, shall act on business principles, due regard being had by it to the interests of industry, commerce and the general public. ---------------------------------------------------------------------- 1. Subs. by Act 43 of 1985, s. 13. 2. Subs. by s. 14, ibid. 3. Subs. by Act 77 of 1972, s. 13, for s. 22. 4. Added by s. 14, ibid. 5. Subs. by Act 52 of 1975, s. 34, for "Reserve Bank" (w.e.f. 16-2- 1976). 84