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| In case of sale of enterprises, the prospective buyers will submit quotation according to the terms
and conditions of the tender.
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| Value of current assets such as sundry debtors, advances, deposit, prepayments (which are not included in offer price) etc. will be payable to the Government by
the buyer.
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| Short-term liabilities such as, sundry creditors, claims of employees and workers,income taxes etc. and utility service charges
accrued before the transfer of the enterprise will be taken over by the Government.
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| All liabilities and costs relating to the cases under trial at the time of handing over shall be taken over by the buyer. The buyers will be exempted from the court case with regard to current liabilities.
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| Land under the enterprise will be used normally for establishment and expansion of industries. The
buyer shall not use the land of the enterprise for the purpose of establishing Real Estates or Constructing Commercial or Residential Plots.
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| In case of sale of Government-owned shares of different companies the prospective buyers will
submit quotations for the total number of shares offered for sale. The company whose shares are
offered for sale, will repay all quasi-equity loans of the Government and dues of the Corporations.
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| While implementing the policy of privatization, efforts will be made to make the ownership of the
industrial enterprises as broad-based, as possible.
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