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Section 39

Every contract or assurance of property on behalf of the Nigam or a Jal Sansthan shall be in writing and executed by such authority, and in such manner as may be provided by regulations.

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39. Every contract or assurance of property on behalf of the Nigam or a Jal Sansthan shall be in writing and executed by such authority, and in such manner as may be provided by regulations. Execttion and registration of contracts, etc . Nigam's funds Jal Sansthan's Fund General principles for Jal Nigam's Finance Grants and subventions to the Nigam and Jal Sansthan General principles for Jal Sansthan's Finance Loans to the Nigam Power of the Jal Nigam to borrow and relend