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REGISTERED No. D-(D)-72

The Gazette of India

EXTRAORDINARY

PART II—Section 3—-Sub-section (ii)

PUBLISHED BY AUTHORITY

No. 78] NEW DELHI, FRIDAY, FEBRUARY 13, 1976/MAGHA14, 1897

Separate paging is given to this Part in order that it may be filed as a separate compilation

MINISTRY OF FINANCE

(Department of Banking)

NOTIFICATIONS

New Delhi, the 13th February 1976

S.O. 110{E).—In exercise of the powers conferred by sub-section (2) of section 1 of the Public Financial Institutions Laws (Amendment) Act, 1975 (52 of 1975), the Central Government hereby appoints the 16th day of February, 1976 as the date on which the said Act shall come into force.

[No. F. 10(45) IF.I/75 (I)]

(347)

348 THE GAZETTE OF INDIA EXTRAORDINARY [PART II—

S.O. 111(E).—In exercise of the powers conferred by section 4B of the State Financial Corporations Act, 1951 (63 of 1951), the Central Government hereby specifies the 16th day of February, 1976 as the date on which all the shares of every Financial Corporation subscribed by the Reserve Bank as on the date immediately preceding the date aforesaid shall stand transferred to, and vested in. the Development Bank.

[No. F. 10(45)IF.I/75 (II)]

S.O. 112(E).-In exercise of the powers conferred by section 4A of the Unit Trust of India Act, 1963 (52 of 1963), the Central Government hereby appoints the 16th day of February, 1976 as the date on which all the contributions made by the Reserve Bank of India to the initial capital of the Trust as on the date immediately preceding the date aforesaid shall stand transferred to, and vested in, the Development Bank.

[No. F. 10(45)-IF.I/75 (III)]

S.O. 113(E).—In exercise of the powers conferred by section 21 of the Public Financial Institutions Laws (Amendment) Act, 1975 (52 of 1975), the Central Government hereby appoints the 16th day of February, 1976 as the date on which the Industrial Finance Corporation Act, 1948 (15 of 1948) shall come into force in the Kohima and Mokokchung districts in the State of Nagaland.

[No. F. 10(45)-IF.I/75 (IV)]

S.O. 114{E).—In pursuance of clause (a) of sub-section (1) and of sub-section (2) of section 6 of the Industrial Development Bank of India Act, 1964 (18 of 1964), the Central Government hereby appoints Shri Raghu Raj as the Managing Director of the Industrial Development Bank of India for the period commencing on the 16th February, 1976 and ending with the 15th February, 1977.

[No. F. 10(71) IF.I/75 (1)1

SEC. 3(11)] THE GAZETTE OF INDIA EXTRAORDINARY 349

S.O. H5(E).—In pursuance of clause* (a) of sub-section (1) of section 6 of the Industrial Development Bank of India Act. 1964 (18 of 1964), the Central Government hereby appoints Shri Raghu Raj who has been appointed as Managing Director of the Industrial Development Bank of India with effect from the 16th February, 1976, to be the Chairman of the Board of Directors of the Industrial Development Bank of India with effect from the same date.

[No. F. 10(71) IF.I/75 01)]

S.O. il6(E).—In pursuance of sub-clauses (i), (ii) and (iv) of clause (c) of sub-section (1)

of section 6 of the Industrial Development Bunk ot India Act, 1964 (18 of 1964), the Central Government hereby nominates the following persons as the directors of the Industrial Develop- ment Bank of India with cflfcet from the 16th February, 1976 :—

-Under section <5M(c)(0 Shri R.V. Raman, Secretary ? Department of Industrial Development, "I Ministry of Industry and Civil Supplies, New Delhi. ; ShriN.C. Sen Gapta, Secretary, Department of Banking, Mtnistry of J J Finance,New Delhi.

Shri H-T. Parekh, Chairman, Industrial Credit and Investment Cor- "\ pciration of India, Bombay. f Shri Baldev Pasricha, Chairman, Industrial Finance Corporation of I f

India, New Delhi.

Under section 6(1X000 6. 7.

Shri R.B. Pradhan, Chairman, Life Insurance Corporation of India, J- j Bombay. Shri JarmS Raj, Chairman, Unit Trust of India, Bombay. 1 Shri A. Niyogi, Chairman, Industrial Reconstruction Corporation I J of India, Calcutta.

8. 9. 10,

II.

Under Section

6(i)(c)(iv) Shri R.K. Talwar, Chairman, State Bank of India, Bombay. Shri M. Sen Sarma, Chairman, United Bank of India, Calcutta. Shri T.R. Tuli, Chairman, Punjab National Bank, New Delhi. Shri Raj Kumar Bhargava, Chairman, Uttar Pradesh Financial Cor- poration, Kttnpur. Shri Mukul Chand Birua, Managing Director, Assam Financial Cor- poration, Shillong.

12.

Shri B.P.R. Vittal.Director, Andhra Pradesh State Financial Corpo-

ration, Hyderabad.

13-

[No. F- io(7r)-IF. I/75(IH)]

N.£C. SEN GUPTA, Secy.

350 THE GAZETTE OF INDIA EXTRAORDINARY [PART II—Sr.c. 3(ii)]