All debentures issued under this Chapter shall be in such form as 1[2[Corporation]] may, with the previous sanction of 1[the Central 2[Government]], determine and shall be transferable in such manner as shall be therein expressed; and the right to sue in respect of the moneys secured by any of such debentures shall vest in the holders thereof for the time being without any preference by reason of some such debentures being prior in date to others.
Footnotes in the official text
- 1.Subs. by Delhi Act 12 of 2011, s. 2, for “Central Government” (w.e.f. 13-1-2012).
- 2.Subs. by Act 10 of 2022, s. 2, for “Government” (w.e.f. 13-1-2012).