The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 81] NEW DELHI, MONDAY, FEBRUARY 13, 1967/MAGHA 24,1888
Separate paging is given to this Part in order that it may be filed
as a separate compilation.
MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION
New Delhi, the 13th February 1967
S.O. 521—In exercise of the powers conferred by section 69 of the Punjab Reorganisation Act, 1966 (31 of 1966), the Central Government hereby issues the following directions, namely: —
(1) The Board of Directors of the Punjab Financial Corporation, Chandigarh (hereinafter referred to as the existing Corporation) shall convene a meeting tor the consideration of a scheme for the purposes of—
(i) constitution of three new Financial Corporations, one for the State of Haryana to be known as the Haryana Financial Corporation, one for the Union territory of Himachal Pradesh to be known as the Hima- chal Pradesh Financial Corporation and the third for the Union territories of Delhi and Chandigarh to be known as the Delhi Finan- cial Corporation; and
392 THE GAZETTE OF INDIA EXTRAORDINARY [PA"T II-SIC, 3{il)] (2) The General Regulations of the existing Corporation made under the State Financial Corporations Act, 1951 (63 of X951), shall have effect subject to the modification that—(i) the Board of Directors shall have the power to call, by giving a notice of not less than fifteen days, a general meeting of the Corporation for approving the said Scheme or for any other purpose;
(li) at any such general meeting, the Government of Haryana and the Administrator of the Union territory of Chandigarh shall be entitled to have one vote for each five of the shares allotted, to that Govern- ment or Administrator, as the case may be. by virtue of the Notifica- tion of the Government of India in the Ministry of Finance (Department of Economic Affairs) No. F. 6(46)-Corp/6B dated" the 2nd January, 1967.
[No. F. 6 (46)-Corp/66.1 A. T. BAMBAWALE, Jt. Secy.