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The Delhi Municipal Corporation Act, 1957

Section 194. Priority of payments for interest and repayment of loans over other payments.

All payments due from 1[2[the Corporation]] for interest on and repayment of loans shall be made in priority to all other payments due from 1[2[the Corporation]].

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

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