41General powers of the Corporation.

41. General powers of ¹[²[the Corporation]].--(1) Subject to the provisions of this Act and the rules, regulations and bye-laws made thereunder the municipal government of ³[⁴[Delhi]] shall vest in ¹[²[the Corporation]].
(2) Without prejudice to the generality of the provisions of sub-section (1), it shall be the duty of ¹[²[the Corporation]] to consider all periodical statements of the receipts and disbursements and all progress reports and pass such resolutions thereon as it thinks fit.