Writing off of losses.

1[91C. Subject to the conditions as may be prescribed by the Central Government, where the Corporation is of opinion that the amount of contribution, interest and damages due to the Corporation is irrecoverable, the Corporation may sanction the writing off finally of the said amount.]


1. Ins. by Act 29 of 1989, s. 40 (w.e.f. 20-10-1989).