The Air Corporation Act 1953, 27 of 1953, (Rep., Act 13 of 1994) · II — CONSTITUTION AND FUNCTIONS OF THE CORPORATIONS.

Section 9. Corporations to act on business principles

Repealed or not in force · As amended up to 2026-08

9. Corporations to act on business principles.—In carrying out any of the duties vested in it by this Act, each of the Corporations shall act so far as may be on business principles.

Source: India Code