LawgistThe National Dairy Development Board Act
35Obligation as to fidelity and secrecy
(1) The Board shall not, except as otherwise required by this Act or any other law, divulge any information relating to, or to the affairs of, the National Dairy Development Board or of the society or of the dissolved company except in circumstances in which it is in accordance with the law or practice and usage customary among financial institutions, necessary or appropriate for the Board to divulge such information.
(2) Every director, member of a committee, auditor or officer or other employee of the National Dairy Development Board shall, before entering upon his duties, make a declaration of fidelity and secrecy in the form set out in the Schedule.
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MISCELLANEOUS
- 32 Defects in appointments not to invalidate acts, etc., of Board
- 33 Protection of acts done in good faith
- 34 Indemnity of directors
- 35 Obligation as to fidelity and secrecy
- 36 Recruitment of additional officers and other employees
- 37 Liquidation only under orders of Central Government
- 38 Delegation of certain powers by Central Government
- 39 Transitional provisions for auditors
- 40 Transitional provisions with regard to Chairman and Board
- 41 Management or assistance to others to continue
- 42 Mother Dairy to be a subsidiary unit of National Dairy Development Board
- 43 Formation of companies with previous approval of Central Government
- 44 Omitte
- 45 Returns
- 46 Power to make schemes and regulations regarding service matters retrospectively
- 47 Act to have overriding effect
- 48 Power to make regulations
- 49 Power to remove difficulties
- 50 Schemes and regulations to be laid before Parliament
