(1) The State Government shall, by 1 notification in the Official Gazette, establish for the purposes of this Act, a Corporation to be called the Maharashtra Krishna Valley Development Corporation.
(2) The Corporation established under sub-section (1) shall be a body corporate having perpetual succession and a common seal, with power to contract, acquire, hold and dispose of property, both movable and immovable, and to do all things, necessary for the purposes of this Act, and may sue and be sued by its corporate name.
(3) The Head Office of the Corporation shall be at Pune.
(2) The Corporation established under sub-section (1) shall be a body corporate having perpetual succession and a common seal, with power to contract, acquire, hold and dispose of property, both movable and immovable, and to do all things, necessary for the purposes of this Act, and may sue and be sued by its corporate name.
(3) The Head Office of the Corporation shall be at Pune.
Source footnotes
1. See Maharashtra Government Gazette, Part IV-B. Page 283, dated 16th February 1996 (Vide G.N., D., No. MKVDC 1195) (212 95 W.R.P. dated 16th February, 1996).आगे पढ़ें / Continue reading
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More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 4 · Constitution of Corporation.Section 5 · Executive Committee.Section 6 · Disqualifications for membership and removal of members.Section 7 · Meetings of Corporation.Section 8 · Constitution of committees.Section 9 · Provision for inviting officers of Government and local authority.India Code, Government of India. Text fetched 20 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.