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[Cites 0, Cited by 0] [Section 7(1)] [Section 7] [Entire Act]

State of Punjab - Subsection

Section 7(1)(d) in The Punjab State Aid to Industries Rules, 1936

(d)all or any two of the securities mentioned in (a), (b) and (c), above, provided that the gross value of such securities is in the opinion of the Director of Industries, equal to not less than 1½ times the amount of the loan, together with the personal security of the applicant and his surety or sureties; if any.