The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 297] NEW DELHI, FRIDAY, JUNE 16, 1973/JYAISTHA 26, 1894
Separate paging is given to this part in order that it may be filed
as a separate compilation.
MINISTRY OF INDUSTRIAL DEVELOPMENT
(Department of Industrial Development)
ORDER
New Delhi, the 16th June 1972
S.O. 431 (E)/18A/IDRA/72.-Whereas the Central Government is of the opinion that the Spinning unit of M/s. associated Industries (Assam) Ltd., Chandrapur, in 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 be managed, in a manner highly detrimental to public interest;
Now, therefore, in exercise of the power conferred by section 18A of the said Act, the Central Government hereby authorises the National Textile Corporation td., (hereinafter referred to as Authorised Controller) to take over the manage- ment of the whole of the said undertaking, namely the Spinning unit of M/s. associated Industries (Assam) Ltd., Chandrapur subject to the following terms and conditions, namely:—
Ill8 THE GAZETTE OF INDIA EXTRAORDINARY [PART II—Sftc. 3(fi; (il) The Authorised Controller shall hold office for five years from the dai of publication in the official gazette of this notified Order;(iii) The Central Government may terminate the appointment of t* Authorised Controller earlier, if it considers necessary to do so.
2. This Order shall have effect for a period of five years commencing froi the date of its. publication in the official Gazette
[No. 422/72/CUC.
K. S. BHATNAGAR, Jt. Sec)