Bangladesh (Vesting of Property and Assets) Order, 1972

 

Bangladesh (Vesting of Property and Assets) Order [PO 29 of 1972]

Article 2(1)-

Under Article 2(1) of PO 29 of 1972 all properties and assets which formerly vested in the Government of Pakistan now from 26-3-1971 vest in the Government of Bangladesh.

Sabitri Barai vs Asstt Custodian 39 DLR 172.

-Effect of Act XLV of 1974 (amended by Ordinances XCII and XCIII) is that all the enemy property now vests in the Government of Bangladesh.

Sabitri Barai vs Asstt Custodian 39 DLR 172.

Rights in respect of enemy property having now vested in the Government of Bangladesh (read with the repeal of Ordinance 1 of 1969) the office of Deputy Custodian and Asstt Custodian of Enemy Property stood abolished.

Sabitri Barai vs Asstt Custodian 39 DLR 172.

Property vested in the custodian has been vested in Government by President’s Order No 29 of 72 replacing the Custodian.

Rahima Akhter vs Asim Kumar Bose 40 DLR 23.

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