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REGISTERED No. D. 221

The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (ii)

PUBLISHED BY AUTHORITY

No. 518] NEW DELHI, THURSDAY, DECEMBER 14, 1972/AGRAHAYANA 23, 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, 14th December 1872

S.O. 746(E)/18FB/IDEA/72.—Whereas by the Order of the Government of India in the Ministry of Industrial Development S.O. 431(E)/18A./IDRA/72, dated the 16th June, 1972, the management of the industrial undertaking known as M/s. Associated Industries (Assam) Limited, Chandrapur (Spinning Unit) (hereinafter referred to as the said 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 up to and inclusive of the 15th June, 1977;

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 schedule indus- try, namely, the cotton textile industry;

Now, therefore, in exercise of the powers conferred by sub-section (1) of sec- tion 18FB of the said Act, the Central Government hereby declares that the opera- tion 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 banks and financial institutions) to which the said industrial undertaking or the company owning such Industrial 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.3/15/72-C.U.C] K. S. BHATNAGAR, Jt. Secy. (2O37) 2038 THE GAZETTE OF INDIA EXTRAORDINARY [PART ll—Stec. 3 ( "J FWNTED BY THE GENERAL MANAGER, GOVERNMENT OF INDIA PRESS, MINTO ROAD, NKW DKLKt AOT PUBLISHED BY THE MANAGER OF PUBLICATIONS, DELHI, 1 0 72