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  4. Section 11

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
Previous: Section 10Next: Section 12
WBBCDFC Act 11

Section 11 · Officers and other employees of the Corporation not to have any interest in contract etc

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No person who has, directly or indirectly by himself or by his partner or agent, any share or interest in any contract, by or on behalf of the Corporation or in any work undertaken by the Corporation, shall become or remain an officer or other employee of the Corporation.

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