Section 38
Dissolution of Association by resolution of proprietors.
The Bengal Bonded Warehouse Association Act, 1838
1* * * The said Association may
at any time be dissolved by a resolution to that effect of two-thirds in number and value of the
proprietors qualified to vote at two successive extraordinary meetings specially called for the purpose
of taking into consideration the expediency of such dissolution; provided that not less than three
months shall have elapsed between the first and second of such two extraordinary meetings.
Notes
1. The words “And it is hereby enacted, that” omitted by Act 12 of 1891, s. 2 and Sch. I.