Article 266(1) in Constitution of India

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(1)Subject to the provisions of article 267 and to the provisions of this Chapter with respect to the assignment of the whole or part of the net proceeds of certain taxes and duties to States, all revenues received by the Government of India, all loans raised by that Government by the issue of treasury bills, loans or ways and money advances and all moneys received by that Government in repayment of loans shall form one consolidated fund to be entitled "the Consolidated Fund of India", and all revenues received by the Government of a State, all loans raised by that Government by the issue of treasury bills, loans or ways and money advances and all moneys received by that Government in repayment of loans shall form one consolidated fund to be entitled "the Consolidated Fund of the State".

Article 266(1) in Constitution of India

AI Summary

I am sorry, but the provided information is insufficient to create a case summary. The title "Article 266(1) in Constitution of India" is not a case title. Article 266(1) is a provision within the Indian Constitution concerning the Consolidated Funds and Public Accounts of India and the States. There is no petitioner or respondent in the way that there would be in a court case. To provide a helpful summary, I need the name of an actual court case that involves a dispute or interpretation related to Article 266(1). Please provide a valid case name.