[ad_1]
The ‘Bangladesh Gasoline, Oil and Mineral Sources Company Invoice-2022’ has been raised within the nationwide parliament growing the authorised capital of the state-owned firm Petrobangla from Tk200 crore to Tk5,000 crore whereas the paid up capital has been made Tk200 crore.
State Minister for Energy, Power and Mineral Sources Nasrul Hamid introduced the draft invoice within the 18th session of the eleventh parliament on Sunday.
Later, the invoice was despatched to the Parliamentary Standing Committee on the respective ministry for scrutinizing and reporting to the parliament inside 15 days.
The invoice states that firms have to be shaped in accordance with the corporate’s Act.
The company could maintain its subordinate shares or rights.
It might, with the approval of the federal government, put money into time period deposit in any financial institution or some other vitality associated worthwhile sector.
The invoice stipulates that the company will be capable of take international loans with the approval of the federal government.
It additional states that the company will be capable of purchase and promote the federal government shares in numerous firms and switch them in some other manner with the approval of the federal government on circumstances.
In keeping with the draft invoice, the company will import, commerce, export and handle liquefied pure fuel (LNG).
When current legal guidelines had been enacted, there was no idea of LNG or concentrated pure fuel (CNG).
The draft regulation additionally says the company could have a 10-member board of administrators together with the chairman.
[ad_2]
Source link