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The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (ii)

PUBLISHED BY AUTHORITY

No. 503] NEW DELHI, SATURDAY, NOVEMBER 15,1972/AGRAHAYANA 4, 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 25th November 1972

S.O. 725(E)/18A/IDRA/72— Whereas the Central Government is of opinion that India Machinery Company Limited, Howrah, an industrial undertaking in respect of which an investigation has been made under section 15 of the Industries (Development & Regulation) Act, 1951 (65 of 1951) (hereinafter referred to as the said Act), is being managed in a manner highly detrimental to public interest;

Now, therefore, in exercise of the powers conferred by sub-section (1) of section 18A of the said Act, the Central Government hereby authorises the body of per- sons (in this order referred to as the Board of Management) comprising of—

Chairman

1. Shri A. Bose, Special Officer and Ex-Officio Secretary, Department of Closed and Sick Industries, Government of West Bengal. Calcutta.

Members

2. Shri Birendra Chandra Pal, Care of the Industrial Reconstruction Corpora- tion of India, Limited, Calcutta.

3. Shri N. Ghose, 'Technical Adviser, Industrial Reconstruction Corporation of India, Limited, Calcutta,to take over the management of the whole of the said undertaking, namely, India Machinery Company Limited, Howrah, subject to the following terms and condi- tions namely: — (1) the Board of Management shall comply with all directions issued from time to time by the Central Government; (iii) the Board of Management shall hold office for five years from the date of publication of this Order In the official Gazette; and ( 1981 )