The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 394] NEW DELHI, SATURDAY, SEPTEMBER 27, 1975/ASVINA 5, 1897
Separate paging is given to this Part in order that it may be filed
as a separate compilation
MINISTRY OF INDUSTRY AND CIVIL SUPPLIES (Department of Industrial Development) ORDER New Delhi, the 27th September 1975
S.O. 548(E)/18FB/IDRA/75.—Whereas by the Order of the Government of India in the Ministry of Industry and Civil Supplies No. S.O. 484(E)/18AA/IDRA/75 dated the 8th September, 1975, the Management of the Industrial undertaking known as Messrs Ancillary Industries (Forgings) Private Limited, Calcutta (hereinafter referred to as the said industrial undertaking), has been taken over under section 18AA(1) (a) of the Industries (Development & Regulation) Act, 1951 (65 of 1951), for a period of five years upto and inclusive of the 7th September, 1980;
And whereas the Central Government is satisfied in relation to the 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 scheduled industry namely Bicycle 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:—.
(a) the enactments, specified in the Third Schedule to the said Act shall
not apply to the said industrial undertaking, and
(b) the operation of all contracts, assurances of property, agreements, settlements, awards, standing orders or other instruments in force to which the said undertaking is a party or which may be applicable to it immediately before the date of publication of this Order in the Official Gazette, and all the rights, privileges, obligations and liabilities accruing or arising thereunder before the said date, shall remain suspended.
2. This Order shall remain in force for a period of one year commencing from the date of Its publication in the Official Gazette.
2188 THE GAZETTE OF INDIA EXTRAORDINARY [PART II—SEC. 3(ii)]