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The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (ii)

PUBLISHED BY AUTHORITY

No. 432] NEW DELHI, WEDNESDAY, DECEMBER 12, 1973/AGRAHAYANA 21, 1895

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 12th December 1973

S.O. 780 (E).—Whereas by the Order of the Government of India in the Ministry of Industrial Development (Department of Industrial Development) No. S.O. 746 (E)/ 18FB/IDRA/72, dated the 14th December, 1972 (hereinafter referred \o as the said Order), the Central Government in exercise of the powers conferred by clause (b) of sub-section (1) of section 18FB of the Industries (Development and Regulation) Act, 1951 (65 of 1951) declared 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 the said Order (other than those relating to secured liabilities to Banks and financial institutions) to which the industrial undertaking known as M/s. Associated Industries (Assam) Limited, Chandrapur (Spinning Unit) 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;

And whereas, the Central Government is sati.ilied that the duration of the said Order should be extended by a further period of one year;