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Section 45 – The State Financial Corporation Act,1951

<h2The State Financial Corporation Act,1951

Section 45. Liquidation of Financial Corporation

No provision of law relating to the winding-up of companies or corporations shall apply to the Financial Corporation and the Financial Corporation shall not be placed in liquidation, save by order of the State Government and in such manner as it may direct.

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The State Financial Corporation Act,1951

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