Indian Tramways Act : Want of funds not a sufficient reason for default. Indian Bare Acts :

Indian Tramways Act,1886

Act No : 11

Section : Want of funds not a sufficient reason for default.

43. Want of funds not a sufficient reason for default. For the purposes of this Act want of funds shall not be deemed to be a sufficient reason for the suspension of the construction, or the discontinuance of the working, of a tramway by a promoter or lessee.