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THE JUTE COMPANIES (ACQUISITION OF SHARES) ORDINANCE, 1975

(ACT NO. XXXVI OF 1975).
  Part No : Chapter No : Section No: [ 21st July, 1975  
  
     An Ordinance to provide for the acquisition of the shares in M/S Khan Brothers Limited, M/S Helal Jute Press Limited and M/S Rangpur Jute Press Limited.
 
    WHEREAS it is expedient in the public interest to provide for the acquisition of the shares in M/S Khan Brothers Limited, M/S Helal Jute Press Limited and M/S Rangpur Jute Press Limited and for matters connected therewith or ancillary thereto;



AND WHEREAS Parliament is not in session and the President is satisfied that circumstances exist which render immediate action necessary;



NOW, THEREFORE, in exercise of the powers conferred by clause (1) of Article 93 of the Constitution of the People’s Republic of Bangladesh, the President is pleased to make and promulgate the following Ordinance:-
 
CONTENTS
 
SECTIONS
 
1. Short title and commencement
2. Definitions
3. Ordinance to over-ride other laws
4. Shares of jute companies to vest in Government
5. Powers of Government in respect of jute companies
6. Provisions of certain law, etc. not to have any effect
7. Power of Government to modify Act VII of 1913
8. Compensation
9. Declaration
10. Validation
 
 

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