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State Agricultural Credit Corporations Act, 1968

7. Management.

  1. The general superintendence, direction and management of the affairs and business of the Corporation shall vest in a Board of directors who may exercise all the powers and discharge all the functions which may be exercised or discharged by the Corporation other than those which are  expressly directed or required by this Act to be done by the Corporation in general meeting.
  2. The Board in discharging its functions shall act on business principles, regard being had to public interest.

State Agricultural Credit Corporations Act, 1968 Back

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