Bare ActsThe Himachal Pradesh State Aid to Industries Act, 1968

Section 26

Inspection and returns

Amendment status not verified — confirm the current text below against the official source.

Inspection and returns.-In any ease in which an application for a loan has been made under this Chapter, the applicant and, at any time during the currency of a loan that has been granted, the borrower shall be bound:- (a) to comply with any general or special order of the Director relating to the inspection of the premises, building, machinery and stock-in-hand of the industry; (b) to permit the inspection of all accounts relative to the industry; (c) to furnish full returns of all products manufactured or sold, bothas regards description and quantity; (d) to maintain such special accounts and to furnish such statementsas the Director may, from time to time, require; and (e) to submit the accounts of the industry to such audit as the Directormay prescribe.

Section 26 – The Himachal Pradesh State Aid to Industries Act, 1968 | DailyLaw.ai