Lawgist.Download the App Now!
Get our Android app for fast and offline Access.
We heard you! Soon we are bringing you the biggest update yet with Updated & New acts, all Central and State acts, the Constitution of India, and a dedicated Mobile App! 🚀
1[28A. Profits from any business (other than life insurance business) how to be utilised.--If for
any financial year profits accrue from any business (other than life insurance business) carried on by the
Corporation, then, after making provision for reserves and other matters for which provision is necessary
or expedient, the balance of such profits shall be 2[allocated to or reserved for the members].]
Download our fully-offline, High speed android app.- Click here
1. Ins. by Act 33 of 1965, s. 4 (w.e.f. 29-9-1965).