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

​

Preamble

​

Sections/Articles

​

[Omitted]

18. [Omitted by section 11 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1987 (Act No. XIX of 1987).]

​

[Omitted]

​

Footnotes

• 1

  The word “company” was substituted for the word “Company” by section 2 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 2

  The word “loan” was substituted for the word “Loan” by section 2 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 3

  Clause (3) was added by section 2 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1993 (Act No. IV of 1993)

• 4

  Article 6 was substituted by section 3 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1993 (Act No. IV of 1993)

• 5

  Clause (2) was substituted by section 3 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1987 (Act No. XIX of 1987)

• 6

  Clause (1) was substituted by section 4 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1993 (Act No. IV of 1993)

• 7

  Article 9 was substituted by section 5 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1993 (Act No. IV of 1993)

• 8

  The word and comma “Chairman,” were inserted by section 2 and the Schedule of the Banks and Financial Institutions Laws Amendment Act, 1980 (Act No. IX of 1980)

• 9

  Article 11A was inserted by section 2 and the Schedule of the Banks and Financial Institutions Laws Amendment Act, 1980 (Act No. IX of 1980)

• 10

  Clause (1) was substituted by section 6 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1987 (Act No. XIX of 1987)

• 11

  The words and commas “and, in making such appointment, the Government shall ordinarily consult the Board” were omitted by section 6 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1993 (Act No. IV of 1993)

• 12

  The words “four if the Board consists of nine Directors including the Managing Director and three if the Board consists of less than nine Directors” were substituted for the words “three if the Board consists of five Directors and two if the Board consists of less than five Directors” by section 4 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 13

  The words “if the Board consists of nine Directors including the Managing Director and three if the Board consists of less than nine Directors” were omitted by section 7 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1993 (Act No. IV of 1993)

• 14

  Clause (5) was substituted by section 7 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1987 (Act No. XIX of 1987)

• 15

  Article 15 was substituted by section 8 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1987 (Act No. XIX of 1987)

• 16

  The word “furnishing” was substituted for the word “Furnishing” by section 5 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 17

  Clause (hh) was inserted by section 9 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1987 (Act No. XIX of 1987)

• 18

  The word “issuing” was substituted for the word “Issuing” by section 5 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 19

  The word “disposing” was substituted for the word “deposing” by section 5 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 20

  The words “ Mutual Funds and Unit Trusts” were substituted for the words “ mutual funds and unit trust” by section 5 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 21

  The word and comma “absolutely,” were substituted for the word “absolutely” by section 5 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 22

  Sub-clause (v) was substituted by section 9 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1987 (Act No. XIX of 1987)

• 23

  The word “Courts” was substituted for the word “course” by section 5 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 24

  Clause (1) was substituted by section 10 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1987 (Act No. XIX of 1987)

• 25

  The words “twenty-five” were substituted for the word “twenty” by section 6 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 26

  The word and comma “mortgage,” were substituted for the word “mortgage” by section 6 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 27

  The word “Order” was substituted for the word “order” by section 7 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 28

  The word “clause” was substituted for the word “Clause” by section 7 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 29

  The words “with prior approval of the Government” were omitted by section 12 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1987 (Act No. XIX of 1987)

• 30

  The word “institutions” was substituted for the word “institute” by section 8 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 31

  The word “institutions” was substituted for the word “institute” by section 8 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 32

  The word “institutions” was substituted for the word “institute” by section 8 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 33

  The words “Managing Director” were substituted for the words “chief executive officer” by section 8 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 34

  The word “institutions” was substituted for the word “institute” by section 8 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 35

  The words “Managing Director” were substituted for the words “Chief Executive Officer” by section 8 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 36

  The words “transfer or” were substituted for the words “transfer of” by section 8 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 37

  The word “institutions” was substituted for the word “institute” by section 8 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 38

  The word “having” was substituted for the word “have” by section 8 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 39

  The word “institutions” was substituted for the word “institute” by section 8 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 40

  The word “institutions” was substituted for the word “institute” by section 8 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 41

  The word “institutions” was substituted for the word “institute” by section 8 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 42

  The commas and words “, subject to other provisions of this Article,” were inserted by section 2 and the Schedule of the Financial Institutions Laws Amendment Ordinance, 1977 (Ordinance No. LXI of 1977)

• 43

  The words “case may be” were substituted for the words “case may” by section 9 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 44

  The words and comma “Fund, gratuity” were substituted for the words “Fund gratuity” by section 9 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 45

  The word and colon “Sangstha:” were substituted for the word and semi-colon “Sangstha;” by section 9 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 46

  The word and colon “Sangstha:” were substituted for the word and semi-colon “Sangstha;” by section 9 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 47

  The words “or other employee” were substituted for the words “or employee” by section 9 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 48

  The words “or other employee” were substituted for the words “or employee” by section 9 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 49

  Clause (6) was omitted by section 13 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1987 (Act No. XIX of 1987)

• 50

  Article 26 was substituted by section 14 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1987 (Act No. XIX of 1987)

• 51

  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)

• 52

  Article 28 was re-numbered as clause (1) by section 15 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1987 (Act No. XIX of 1987)

• 53

  Clause (ii) was substituted by section 2 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1983 (Ordinance No. L of 1983)

• 54

  Clauses (2) and (3) were added by section 15 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1987 (Act No. XIX of 1987)

• 55

  Clause (2) was substituted by section 16 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1987 (Act No. XIX of 1987)

• 56

  The words “with the prior approval of the shareholders in the annual general meeting” were omitted by section 8 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1993 (Act No. IV of 1993)

• 57

  The word and comma “it,” were substituted for the word “it” by section 12 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 58

  The word “relating” was substituted for the word “reltng” by section 12 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 59

  The word “officer” was substituted for the word “Officer” by section 12 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 60

  The word “Government” was substituted for the word “shareholders” by section 8 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1993 (Act No. IV of 1993)

• 61

  The word “Government” was substituted for the word “shareholders” by section 8 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1993 (Act No. IV of 1993)

• 62

  The word “creditors” was substituted for the word “credors” by section 12 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 63

  The word “Government” was substituted for the word “shareholders” by section 8 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1993 (Act No. IV of 1993)

• 64

  The words “declared as dividends” were substituted for the words “paid to the Government” by section 17 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1987 (Act No. XIX of 1987)

• 65

  Article 31A was inserted by section 18 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1987 (Act No. XIX of 1987)

• 66

  The word “it” was substituted for the word “It” by section 13 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 67

  The word “document” was substituted for the word and comma “document,” by section 13 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 68

  The brackets, figure and word “(1) Where” was substituted for the word “where” by section 14 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 69

  The comma and word “, together” were substituted for the word “together” by section 14 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 70

  The word “District” was substituted for the word “Disrict” by section 14 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 71

  The words “or to” were substituted for the word and letter “or o” by section 14 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 72

  The word “under” was substituted for the word and comma “, under” by section 14 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 73

  The word “industrial” was substituted for the word “Industrial” by section 14 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 74

  The word “injunction” was substituted for the word “injuction ” by section 14 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 75

  The word “remainder” was substituted for the word “reminder” by section 14 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 76

  The word “against” was substituted for the word “agaist” by section 14 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 77

  The word “order” was substituted for the word and comma “order,” by section 14 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 78

  The words “High Court Division” were substituted for the words “High Court” by section 2 and the Schedule of the Banks and Financial Institutions Laws Amendment Act, 1980 (Act No. IX of 1980)

• 79

  The words and comma “order, appeal” were substituted for the words “order appeal” by section 14 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 80

  The words “High Court Division” were substituted for the words “High Court” by section 2 and the Schedule of the Banks and Financial Institutions Laws Amendment Act, 1980 (Act No. IX of 1980)

• 81

  The words “High Court Division” were substituted for the words “High Court” by section 2 and the Schedule of the Banks and Financial Institutions Laws Amendment Act, 1980 (Act No. IX of 1980)

• 82

  Articles (5) and (6) were added by section 2 of the Bangladesh Shilpa Rin Sangstha (Second Amendment) Ordinance, 1984 (Ordinance No. LXV of 1984)

• 83

  The words “Managing Director” were substituted for the word “Chairman” by section 15 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 84

  The words and comma “Chairman, Managing Director” were substituted for the words “Managing Director” by section 2 and the Schedule of the Banks and Financial Institutions Laws Amendment Act, 1980 (Act No. IX of 1980)

• 85

  Section 36A was inserted by section 2 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1984 (Ordinance No. VIII of 1984)

• 86

  Article 39A was inserted by section 10 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1993 (Act No. IV of 1993)

• 87

  The words “such order” were substituted for the words “such Order” by section 16 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 88

  The words and commas “may, with the approval of the Government, make regulations” were substituted for the words “may make regulations” by section 11 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1993 (Act No. IV of 1993)

• 89

  Sub-clause (aa) was omitted by section 11 of the Bangladesh Shilpa Rin Sangstha (Amendment) Act, 1993 (Act No. IV of 1993)

• 90

  The words “Managing Director” were substituted for the word “Chairman” by section 15 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)

• 91

  The words and comma “Chairman, Managing Director” were substituted for the words “Managing Director” by section 2 and the Schedule of the Banks and Financial Institutions Laws Amendment Act, 1980 (Act No. IX of 1980)

• 92

  The word “committee” was substituted for the word “Committee” by section 17 of the Bangladesh Shilpa Rin Sangstha (Amendment) Ordinance, 1977 (Ordinance No. XIV of 1977)