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WBBCDFC Act

Overview
  • 1Short title, extent and commencement
  • 2Definitions
  • 3Incorporation
  • 4Constitution of the Corporation
  • 5Disqualifications for membership
  • 6Resignation of Chairman, Vice-Chairman and other members
  • 7Removal from office of Chairman, Vice-Chairman or other members
  • 8Validity of acts and proceedings
  • 9Transaction of business
  • 10Managing Director, General Manager, Chief Accounts Officer and other staff
  • 11Officers and other employees of the Corporation not to have any interest in contract etc
  • 12Conferment of powers on Managing Director
  • 13Authentication
  • 14Functions of the Corporation
  • 15Powers of the Corporation
  • 16Acquisition of land
  • 17The Corporation to act on business principles
  • 18Capital of the Corporation
  • 19Additional capital
  • 20Guarantee by State Government in respect of shares
Next: Section 2
WBBCDFC Act 1

Section 1 · Short title, extent and commencement

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(1)

This Act may be called the West Bengal Backward Classes Development and Finance Corporation Act, 1995.

(2)

It extends to the whole of West Bengal.

(3)

It shall come into force on such date as the State Government may, by notification, appoint.

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