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Industrial (Development and Regulations) Act, 1951


8. Dissolution of Development Councils

(1) The Central Government may if it is satisfied that a Development Council should cease to continue in being, by notified order, dissolve that Development Council.

(2) On the dissolution of a Development Council under sub-section (1), the assets of the Development Council, after its liabilities, if any, are met there from, shall vest in the Central Government for the purposes of this Act.



Industrial (Development and Regulations) Act, 1951 Back




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