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State of Bihar - Section

Section 9 in The (Bihar State) Aid to Industries Act, 1956

9. Inspection and returns.

- In any case in which an application for a loan has been made under this Chapter, the appellant, and at any time during the currency of a loan that has been granted, the grantee, shall be bound-
(a)to comply with any general or special order, of the State Government relative to the inspection of the premises, buildings, machinery and stock-in-hand of the industry;
(b)permit the inspection of all accounts relative to the industry;
(c)to furnish full returns of all products manufactured or sold both as regards description and quantity;
(d)to maintain such special accounts and to furnish such statements as the State Government may, from time to time, require; and
(e)to submit the accounts of the industry to such audit as the State Government may prescribe.