The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 466] NEW DELHI, WEDNESDAY, OCTOBER 25, 1972 /KARTIKA 3, 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 25th October 1972
S.O. 681(E)/18FB/IDRA/72.—Whereas by the Order of the Government of India in the late Ministry of Commerce No. S.O. 3981, dated the 22nd December, 1965, read with the Orders of the Government of India in the Ministry of Foreign Trade Nos. S.O. 3495, dated the 24th October, 1970 and S.O. 5535, dated the 20th December, 1971, the management of the Industrial undertaking known as Muir Mills Limited, Kanpur (hereinafter referred to as the said industrial undertak- ing) has been taken over under section 18A of the Industries (Development and Regulation) Act, 1951 (65 of 1951), for a period of eight years up to and inclusive of the 21st December, 1973;
And whereas the Central Government is satisfied that in relation to the said industrial undertaking it is necessary so to do in the interests of the general public with a view to preventing fall in the volume of production of the schedu- led industry, namely, the cotton textile industry;
Now, therefore, in exercise of the powers conferred by 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 immediately before the date of issue of this Order (other than those relating to secured liabilities to
1840 tHE OAZETTE OF INDIA EXTRAORDINARY [PART II—SEC. 3(il)ibanks and financial institutions and statutory liabilities payable to workers) t" which the said Industrial undertaking or the company owning such lnuuairial undertaking is a party or which may be applicable to such industrial undertaking or company shall remain suspended for a period of one year and all the rights, privileges, obligations and liabilities accruing or arising thereunder before the said date shall remain suspended for the said period.
|No. F.3/44/72-CUC]
K. S. BHATNAGAR, Jt. Secy.