The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 379] NEW DELHI, TUESDAY, OCTOBER 20, 1970/ASVINA 28, 1892
Separate paging is given to this Part in order that it may be filed as a separate compilation.
MINISTRY OF INDUSTRIAL DEVELOPMENT AND INTERNAL TRADE
ORDER
New Delhi, the 20th October 1970
S.O. 3484.—Whereas the Central Government is of the opinion that Chhaganlal Textile Mills Pvt. Ltd., Chalisgaon, an industrial undertaking in respect of which an investigation has been made under Section 15 of the industries (Development and Regulation) Act 1951 (65 of 1951), is being managed in a manner highly detri- mental to public interest;
Now, therefore, in exercise of the powers conferred by section 18-A of the said Act, the Central Government hereby authorises the Maharashtra State Textile Corporation (herein after referred to as Authorised Controller) to take over the management of the whole of the said undertaking namely, Chhaganlal Textile Mills Pvt, Ltd., Chalisgaon, subject to the following terms and conditions, name- ly:—
(1) The Authorised Controller shall comply with all directions issued from
time to time by the Central Government;
(ii) The Authorised Controller shall hold office for five years from the date
of publication in the official gazette of this notified order;
(Hi) The Central Government may terminate the appointment of the Autho- rised Controller earlier if it considers necessary to do so.
2. This order shall have effect for a period of five years commencing from the date of its publication in the official gazette.
[No. F. 9/2/Lic.Pol/70.]
l € 82 THE GAZFTTE OF INDTA EXTRAORDINARY [PART II—SEC. 3(il)]