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The Bangladesh Shilpa Rin Sangstha Order, 1972 (President's Order)


27. (1) For the purpose of transacting any business under this Order with any industrial concern or person the Sangstha may impose such conditions as it may consider necessary or expedient for protecting its interest and securing that its guarantee, 1[underwriting], loan, subscription or other aid is put to such use by the industrial concern or person as the Sangstha has agreed to.
(2) Any condition imposed on an industrial concern or person under clause (1) shall be valid and shall be enforceable against such concern or person.

  • 1
    The word “underwriting” was substituted for the words “under writing” by section 11 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)
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