Section 26

Liquidation of Small Industries Development Assistance Fund.

The Small Industries Development Bank of India Act, 1989

  • Act 39 of 1989
  • Ministry of Finance
  • Department of Financial Services
About this Act

An Act to establish the Small Industries Development Bank of India as the principal financial institution for the promotion, financing and development of industry in the small-scale sector and to co-ordinate the functions of the institutions engaged in the promotion, financing or developing industry in the small-scale sector and for matters connected therewith or incidental thereto.

All sections
    The Small Industries Development Assistance Fund shall not be closed or wound up save by order of the Central Government and in such manner as that Government may, 1*** direct.

Notes

1. The words ", on the recommendation of the Development Bank" omitted by Act 7 of 2000, s. 16 (w.e.f. 27-3-2000).

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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