The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 517] NEW DELHI, TUESDAY, OCTOBER 19, 1971/ASVINA 27, 1893
Separate paging is given to this Part in order that it may be filed as a separate compilation.
MINISTRY OF INDUSTRIAL DEVELOPMENT AND INTERNAL TRADE
(Department of Industrial Development)
ORDER
New Delhi, the 19th October 1971
8.0. 4030/18A/IDRA/71.--Whereas the Central Government is of opinion that the M/s. Minerva Mills Ltd., Bangalore, an Industrial undertaking in respect of which an investigation has been made under section 13 of the Industries (Develop- ment and Regulation) Act, 1951 (65 of 1951), is being managed in a manner highly detrimental to the public interest;
Now, therefore, In exercise of the powers conferred by Section 18A of the said Act, the Central Government hereby authorises the National Textile Corporation Ltd., New Delhi (hereinafter referred to as Authorised Controller) to take over the management of the whole of the said undertaking namely, the M/s. Minerva Mills Ltd., Bangalore, subject to the following terms and conditions, namely:—
(1) The Authorised Controller shall comply with all directions issued from time to time by the Central Government;
(ii) The Authorised Controller shall hold office for five years from the date of publication in the official gazette of this notified order; and (iii) The Central Government may terminate the appointment of the Authori- sed Controller earlier, if it considers it necessary to do so.
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