Lawgist.Download the App Now!
Get our Android app for fast and offline Access.
37. Subject to approval of the Board, a NIRMAN Kshetra Authority may borrow and raise loans from any source including by issue of bonds, debentures and other instruments for carrying out the purpose of this Act or for servicing any loan obtained by it, up to such limits and on such rates and other conditions as the State Government may specify.
<br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>37. Subject to approval of the Board, a NIRMAN Kshetra Authority may borrow and raise loans from any source including by issue of bonds, debentures and other instruments for carrying out the purpose of this Act or for servicing any loan obtained by it, up to such limits and on such rates and other conditions as the State Government may specify. <br>