Rule 4, Madhya Pradesh Mines and Minerals (Development and Regulation) Act, 1957 (Manner of Application) Rules, 2022 [S7D-JGD]
As at 7 September 2026. In force from 17 July 2022.
Conditions of registration.—Every asset reconstruction company shall carry on the business of asset reconstruction only at the premises specified in the certificate of registration, shall keep every statement of account in his possession in a safe and proper manner and separately from anything of a different description, shall produce every such statement of account for inspection on request by the Inspector of Moneylenders, and shall not part with the certificate of registration to any other person.
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