Section 31
Payment by participating Government on specified date.
The Damodar Valley Corporation Act, 1948
About this Act
An Act to provide for the establishment and regulation of a Corporation for the development of the Damodar Valley in the Provinces of Bihar and West Bengal.
Each participating Government
shall provide its share of the capital on the dates specified by the Corporation and if any Government fails
to provide such share on such dates the Corporation may raise loan to make up the deficit at the cost of
the Government concerned.