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Section 30 of SFC Act : Section 30: Power To Call For Repayment Before Agreed Period

The State Financial Corporations Act, 1951

CHAPTER III: POWERS AND DUTIES OF THE BOARD

Section 30: Power To Call For Repayment Before Agreed Period

Explanation using examples

Imagine a local manufacturing company, "XYZ Manufacturing," that took a loan from the State Financial Corporation (SFC) to