Section 16:
Borrowing powers of Board.
Subject to such rules as may be made in this behalf, the Board
shall have power to borrow on the security of the Fund or any other asset for any purposes for which the
Fund may be applied.
45/1953 - The Coir Industry Act, 1953 ▶
Act Number: 45
Act Name: The Coir Industry Act, 1953
Year: 1953
Enactment Date: 1953-12-23
Long Title: An Act to provide for the establishment of a Board for the development of the Coir Industry and for that purpose to levy a customs duty on coir fiber, coir yarn and coir products exported from India and for matters connected therewith.
Ministry: Ministry of Micro, Small and Medium Enterprises
Department: