"Borrower" means any person to whom any credit limit has been sanctioned by any banking company, whether availed of or not, and includes- (i) in the case of a Company or Corporation, its subsidiaries, (ii) in the case of Hindu Undivided family, any member thereof, or any firm in which such member is a partner, (iii) in the case of a firm any partner thereof or any other firm in which such partner is a partner, and (iv) in the case of individual, any firm in which such individual is a partner. ( Article 42(b) of the Bangladesh Bank Order, 1972 )