1[4C. Payment of amount.--The Reserve Bank shall be given by the Development Bank, in cash, for the transfer to, and vesting in, the Development Bank of the shares of every Financial Corporation which have been subscribed by the Reserve Bank, an amount equal to the face value of the shares of the Financial Corporation so subscribed.]
1. Ins. by Act 52 of 1975, s. 27 (w.e.f. 16-2-1976).
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Sec 4B — Transfer of share capital to Development Bank.
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Sec 4D — Issue of redeemable preference shares.
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