The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 379] NEW DELHI, THURSDAY, AUGUST 17, 1972/SRAVANA 26, 1894
Separate paging is given to this Part in order that it may be filed
as a separate compilation
MINISTRY OF INDUSTRIAL DEVELOPMENT
ORDER
New Delhi, the 14th August 1972
No. 555 (E).—Whereas, by the Order of the Government of India in the Ministry of Industrial Development and Internal Trade (Department of Industrial Develop- ment), No. S.O. 1482, dated the 31st March, 1971, the management of the Industrial Undertaking known as Messrs Gresham and Craven of India (Private) Limited, Calcutta (hereinafter in this Order referred to as the industrial undertaking) has been taken over under section 18A of the Industries (Development and Regulation) Act, 1951 (65 of 1951) for a period of five years commencing from the 31st day of March, 1971;
And whereas the Central Government is satisfied that it is necessary so to do in the interests of the general public with a view to preventing fall in the volume of production in a scheduled industry namely, Railway Rolling Stock;
Now, therefore, in exercise of the powers conferred by clause (b) of sub-section (1) of section 18FB of the said Act, the Central Government hereby declares that the operation of all contracts, assurances of property, agreements, settlements, awards, standing orders or other instruments in force to which the industrial undertaking is a party or which may be applicable to it immediately before the 31st day of March, 1971, shall remain suspended.
2. This order shall remain in force for a period of one year commencing from the date of its publication in the Official Gazette.
1538 THE GAZETTE OF INDIA EXTRA ORDINARY [PART H—SEC. 3(4,1