WHEREAS it is expedient to provide for the establishment of a Corporation for the purpose of operation, promotion and development of coastal and inland shipping and water transport services and for the vesting in that Corporation of the assets and liabilities of the East Pakistan Shipping Corporation and of certain companies, firms and individuals carrying on coastal and inland Shipping and water transport business in Bangladesh and for matters connected therewith or incidental thereto;
NOW, THEREFORE, in pursuance of the Proclamation of Independence of Bangladesh, read with the Provisional Constitution of Bangladesh Order, 1972, and in exercise of all powers enabling him in that behalf, the President is pleased to make the following Order:-
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