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THE INVESTMENT CORPORATION OF BANGLADESH ORDINANCE, 1976

(ORDINANCE NO. XL OF 1976).
  Part No : Chapter No : Section No: [ 22nd June, 1976  
  
 
এই আইন ইনভেস্টমেন্ট কর্পোরেশন অব বাংলাদেশ আইন, ২০১৪ (২০১৪ সনের ১২ নং আইন) দ্বারা রহিত করা হইয়াছে।
    An Ordinance to establish an Investment Corporation.
 
    WHEREAS it is expedient to establish an Investment Corporation to encourage and broaden the base of investments, develop the capital market and mobilise savings and to provide for matters ancillary thereto;



NOW, THEREFORE, in pursuance of the Proclamations of the 20th August, 1975, and the 8th November, 1975, and in exercise of all powers enabling him in that behalf, the President is pleased to make and promulgate the following Ordinance:—
 
CONTENTS
 
SECTIONS
 
1. Short title and extent
2. Definitions
3. Establishment and incorporation
4. Share capital
5. Shares deemed to be securities under certain Acts
6. Numbering of shares
7. Register of shareholders
8. Qualification of shareholders
9. Notice regarding trust
10. Office, branches, etc.
11. Direction and superintendence
12. Board
13. Qualifications and disqualifications of Directors
14. Meetings of the Board
15. Executive Committee
16. Committee
17. Fees for attending meetings
18. Declaration of fidelity and secrecy
19. Indemnity of Directors
20. Administration and Management
21. Business which the Corporation is authorised to transact
21ASubsidiaries
22. Appointment of officers, advisers, etc.
23. Special powers
24. Power to impose conditions
25. Borrowing power
26. Audits, etc.
27. Annual general meeting
28. Return
29. Disposal of profit
30. Power to call for payment before agreed period
31. Recovery of Corporation's dues
32. Delegation of powers
33. Offences
34. Liquidation of Corporation
35. Power to make rules
36. Power to make regulations
37. Exemption from taxes and duties
SCHEDULE
 
 

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