Act Number: 44

Act Name: The New Delhi Municipal Council Act, 1994

Year: 1994

Enactment Date: 1994-07-14

Long Title: An Act to provide for the establishment of the New Delhi Municipal Council and for matters connected therewith or incidental thereto.

Ministry: Ministry of Housing and Urban Affairs

Department:

Section 130: Receipt by joint holders for interest or dividend.
    When two or more persons are joint holders of any debenture or security issued under this Act, any one of such persons may give an effectual receipt for any interest or dividend payable in respect of such debenture or security, unless notice to the contrary has been given to the Council by the other of such persons.
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