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The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (ii)

PUBLISHED BY AUTHORITY

No 356] NEW DELHI, FRIDAY, AUGUST 12, 1977/SRAVANA 21, 1899

Separate paging is given to this part in order that it may be filed

as a separate compilation

MINISTRY OF INDUSTRY

(Department of Industrial Development)

ORDER

New Delhi, the 12th August 1977

S.O. 617 (E)/l8AA/IDRA/77—Whereas the Central Government is satisfied from the documentary evidence in its possession that the industrial undertaking known as Messis Indore Textiles Limited, Ujjain, Madhya Pradesh, has been closed for a period exceeding three months and, such closure is prejudicial to the concerned scheduled industry, namely, Cotton Textile industry, and that the financial condition of the company owning the industrial undertaking and the condition of the plant and machinery of such undertaking are such that it is possible to re-start the undertaking and such re-sstarting is necessary in the interests of the general public,Now, therefore, in exercise of the powers conferred by clause (b) of sub- section (1) of section 18AA of the Industries (Development and Regulation) Act, 1951 (65 of 1951 ), the Central Government hereby authorises the Madhya Pradesh State Textile Corporation Limited (hereinafter referred to as the "Authorised Person") to take over the management of the whole of the said industrial undertaking, subject to the following terms and conditions, namely— (1) The authorised person shall comply with all directions issued from time to time by the Central Government (21 The authorised person shall hold office for a period of five years from the date of publication of this Order in the Official Gazette (2459)

2 This Order shall have effect lor a period of five years commencing from the date of its publication in the Official Gazette.

fNo. F 3(5)/77-CUC]

G. N MEHRA. Jt. Secy.