Rule 16, Bihar Mines and Minerals (Development and Regulation) Act, 1957 (Licensing) Rules, 2010 [S6S-D2Y]
As at 7 September 2026. In force from 1 November 2010.
Maintenance of premises.—Every nominee director shall keep the premises where the representation of a shareholder on a board is carried on in a clean and orderly condition, shall provide for every annual return kept there a place set apart for its safe keeping, shall not use the premises for any purpose incompatible with the representation of a shareholder on a board, and shall furnish to the Insolvency and Bankruptcy Board in Form INC-22, within one hundred and eighty days of the commencement of these rules, a plan of the premises showing the place so set apart.
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