{"act":{"id":"arunachal-pradesh-municipal-act-2oo7-act-no-4","short_title":"The Arunachal Pradesh Municipal Act, 2Oo7 (Act No.4 of 2008)","long_title":null,"act_number":"4","act_year":2008,"enact_date":null,"enforcement_date":null,"ministry":null,"department":null,"jurisdiction":"Arunachal Pradesh","unit":"section","section_count":461,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"ocr","scan_url":"https://indiacode.ecourtsindia.com/scan/8342ee79-1a06-4377-85ff-be178b2c9d09.pdf","url":"https://indiacode.ecourtsindia.com/arunachal-pradesh-municipal-act-2oo7-act-no-4/"},"unit":"section","section":{"number":"117","heading":null,"text":"Every loan raised by the Municipality under section 109 shall be repaid within the rime approved under that section and such repayment shall be made either from a Sinking Fund established under section 112 in respect of such loan or partly from such Sinking fund and, to the extent or which such Sinking Fund falls short of the sum required for the repayment of such loan, partly from the loan raised for the purpose under section 109, as may be approved by the State Government. Power to discontinue payment towards Sinking Fund. Investment of amount at the credit of Sinking Fund. Power of Municipality to reserve a portion of debentures, issued for raising loan, for investment. Manner of Repayment of loans.","html":"<p>Every loan raised by the Municipality under section <a href=\"/arunachal-pradesh-municipal-act-2oo7-act-no-4/section/109/\">109</a> shall be repaid within the rime approved under that section and such repayment shall be made either from a Sinking Fund established under section <a href=\"/arunachal-pradesh-municipal-act-2oo7-act-no-4/section/112/\">112</a> in respect of such loan or partly from such Sinking fund and, to the extent or which such Sinking Fund falls short of the sum required for the repayment of such loan, partly from the loan raised for the purpose under section <a href=\"/arunachal-pradesh-municipal-act-2oo7-act-no-4/section/109/\">109</a>, as may be approved by the State Government. Power to discontinue payment towards Sinking Fund. Investment of amount at the credit of Sinking Fund. Power of Municipality to reserve a portion of debentures, issued for raising loan, for investment. Manner of Repayment of loans.</p>","words":121,"text_source":"ocr"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/arunachal-pradesh-municipal-act-2oo7-act-no-4/section/117/","note":null,"source_note":"Read from the Government's own scanned gazette with Azure Document Intelligence, then split into sections by their numbering. India Code publishes no text for this Act. The scan itself is mirrored into our own storage and served at /scan/8342ee79-1a06-4377-85ff-be178b2c9d09.pdf, so the reading here can be checked against the page it came from without depending on India Code's own copy staying where it is (it was at https://indiacode.gov.in/server/api/core/bitstreams/82e28fee-0fa8-4c5c-a43a-af549eccb9a8/content).","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}