section 26
Inspection and returns
The Jammu and Kashmir State Aid to Industries Act, 1961General196147 sections6 chapters
Chapter IV Chapter IV
Statutory text
Inspection and returns.-In any case 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 product manufactured or sold, both as regards description and quantity;
- (d) to maintain such special accounts and to furnish such statements as the Director may from time to time require; and
- (e) to submit the accounts of the industry to such audit as the Director may prescribe.
Study data processing for this section.
PDF: pending for this language.