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The Bangladesh Shilpa Bank Order, 1972 (President's Order)


1[6. (1) The authoirsed capital of the Bank shall be two thousand million taka divided into twenty lac shares of one thousand taka each, of which not less than fifty-one per cent shall be subscribed for by the Government and the remaining shares may be subscribed for by Bangladeshi nationals or by any financial institution, Bangladeshi or foreign.
(2) The authorised capital of the Bank may be increased by a resolution passed by a three-fourth majority of the shareholders in a general meeting.]

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    Article 6 was substituted by section 2 of the Bangladesh Shilpa Bank (Amendment) Act, 1987 (Act No. XVIII of 1987)
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