Delhi Municipal Corporation Act — Section 187

Form and effect of debentures.—All debentures issued under this Chapter shall be in such

187. Form and effect of debentures.—All debentures issued under this Chapter shall be in such form as Corporation may, with the previous sanction of the Central Government, determine and shall be transferable in such manner as shall be therein expressed; and the right to sue in respect of the moneys secured by any of such debentures shall vest in the holders thereof for the time being without any preference by reason of some such debentures being prior in date to others.

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Judgments citing Section 187

Text reproduced from the public statutes on which the corpus is built. Verify against the official Gazette before relying on it. This is statute reference, not legal advice.