Section 35: Returns .-(1) The Corporation shall furnish a statement in the prescribed form of its assets and liabilities as at the close of business on the last Friday of each month, or if that day is a public holiday under the Negotiable Instruments Act 1881 (26 of 1881), as at the close of business on the preceding working day, to the Development Bank within ten days from the date to which the statement relates

Q: What does Section 35 of The Industrial Finance Corporation of India Act, 1948 (TIFCIA) deal with?

Section 35 TIFCIA pertains to "Returns .-(1) The Corporation shall furnish a statement in the prescribed form of its assets and liabilities as at the close of business on the last Friday of each month, or if that day is a public holiday under the Negotiable Instruments Act 1881 (26 of 1881), as at the close of business on the preceding working day, to the Development Bank within ten days from the date to which the statement relates". It is part of the The Industrial Finance Corporation of India Act, 1948, a legislation enacted by the Parliament of India. Section 35 of The Industrial Finance Corporation of India Act, 1948 (TIFCIA) governs returns .-(1) The Corporation shall furnish a statement in the prescribed form of its assets and liabilities as at the close of business on the last Friday of each month, or if that day is a public holiday under the Negotiable Instruments Act 1881 (26 of 1881), as at the close of business on the preceding working day, to the Development Bank within ten days from the date to which the statement relates. As verified on 19 May 2026.

Q: Is Section 35 TIFCIA still in force?

Yes, Section 35 of the The Industrial Finance Corporation of India Act, 1948 is currently in force across the Republic of India.

Q: What is धारा 35 TIFCIA?

धारा 35 TIFCIA is the Devanagari Hindi reference for Section 35 of the The Industrial Finance Corporation of India Act, 1948. Section 35 of The Industrial Finance Corporation of India Act, 1948 (TIFCIA) governs returns .-(1) The Corporation shall furnish a statement in the prescribed form of its assets and liabilities as at the close of business on the last Friday of each month, or if that day is a public holiday under the Negotiable Instruments Act 1881 (26 of 1881), as at the close of business on the preceding working day, to the Development Bank within ten days from the date to which the statement relates. As verified on 19 May 2026.

Q: What is Dhara 35 TIFCIA?

Dhara 35 TIFCIA is the Roman Hindi reference for Section 35 of the The Industrial Finance Corporation of India Act, 1948. "Dhara" means "Section" in Hindi. Section 35 of The Industrial Finance Corporation of India Act, 1948 (TIFCIA) governs returns .-(1) The Corporation shall furnish a statement in the prescribed form of its assets and liabilities as at the close of business on the last Friday of each month, or if that day is a public holiday under the Negotiable Instruments Act 1881 (26 of 1881), as at the close of business on the preceding working day, to the Development Bank within ten days from the date to which the statement relates. As verified on 19 May 2026.

Q: How to cite Section 35 of The Industrial Finance Corporation of India Act, 1948?

Cite as: "Section 35, The Industrial Finance Corporation of India Act, 1948 (TIFCIA)" in legal briefs. For academic writing, use the BlueBook format: The Industrial Finance Corporation of India Act, 1948, § 35 (India).

Law on Tips Editorial Board

(2)

The Corporation shall furnish in the prescribed form to the [Development Bank] and to the Reserve Bank at least once in every year or as frequently as the [Development Bank] [ Substituted by Act 18 of 1964, Section 38 and Sch. II, for " Central Government " (w.e.f. 1.8.1964).] or the Reserve Bank may require [a statement showing the classification] [ Substituted by Act 78 of 1952, Section 25, for " a classification " .] of its loans and investments and of loans guaranteed by it and underwriting agreements entered into by it.

(3)

The Corporation shall furnish to the Central Government, [the Reserve Bank and the Development Bank] [ Substituted by Act 18 of 1964, Section 38 and Sch. II, for " and the Reserve Bank " (w.e.f. 1.8.1964).] within [five months] [ Substituted by Act 2 of 1982, Section 17, for certain words (w.e.f. 12.3.1982).] of the close of the financial year a statement in the prescribed form of its assets and liabilities as at the close of that year together with a profit and loss account for the year and a report of the working of the Corporation during the year, and copies of the said statement, account and report shall be published in the Official Gazette and shall be laid before [Parliament] [ Substituted by A.O. 1950, for " the Central Legislature " .].