INVESTMENTS AND SECURITIES ACT
Section 255: Deficiency in fund to be charged upon revenue.
In the event of the sinking fund established by an issuer pursuant to the provisions of this part of this Act being found at the time fixed for the repayment of the loan to be insufficient for such redemption, the deficiency shall be made good out of the general revenue and assets of the body concerned and that of the project which is the beneficiary of the loan.
Cite this section
Section 255, INVESTMENTS AND SECURITIES ACT (2007).
https://repo.podus.ai/laws/investments-and-securities-act/section/255/