Power of Board to repay loans to Government before due date
Section 39 of the Major Port Authorities Act, 2021 deals with power of Board to repay loans to Government before due date. The Board may apply any sums, out of monies which may come into its hands under the provisions of this Act and which can be so applied without prejudicing the security of the other holders of port securities, in repaying to the Government any sum which may remain due to it in respect of the principa The Act came into force on 03 Nov 2021.
The Board may apply any sums, out of monies which may come into its hands under the provisions of this Act and which can be so applied without prejudicing the security of the other holders of port securities, in repaying to the Government any sum which may remain due to it in respect of the principal account of any loan although the time fixed for the repayment of the same may not have arrived.
Section 39, The Major Port Authorities Act, 2021 (Act 1 of 2021).
Questions about Section 39
What does Section 39 of the Major Port Authorities Act deal with?
Section 39 of the Major Port Authorities Act is headed "Power of Board to repay loans to Government before due date". The Board may apply any sums, out of monies which may come into its hands under the provisions of this Act and which can be so applied without prejudicing the security of the other holders of port securities, in repaying to the Government any sum which may remain due to it in respect of the principa
How do I find court cases under Section 39 of the Major Port Authorities Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Major Port Authorities Act 39, section 39 Major Port Authorities Act, section 39 of the Major Port Authorities Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
When did Section 39 of the Major Port Authorities Act come into force?
Section 39 of the Major Port Authorities Act, cited as Major Port Authorities Act 39, came into force on 03 Nov 2021, having been enacted on 17 Feb 2021. It is in force as at the date shown on this page.
Other sections of this Act
- 2. Definitions1028 words
- 75. Repeal and savings581 words
- 54. Constitution of Adjudicatory Board571 words
- 68. Power to evict certain persons from premises of Board484 words
- 26. Powers of Board in respect of planning and development462 words
- 21. Board to be deemed as successor of Board of Trustees of Major Port461 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 17 Oct 2026. This page is not a substitute for legal advice.