The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 67] NEW DELHI, FRIDAY, FEBRUARY 10, 1978/MAGHA 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 10th February, 1978
182 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]National Rubber Manufacturers Limited, located at Kalyani, District Nadia (West Bengal), in respect of which an investiga- tion has been made under section 15 of the Industries (Deve- lopment and Regulation) Act, 1951 (65 of 1951), (hereinafter referred to as the said industrial undertaking), is being managed in a manner highly detrimental to the scheduled industry and public interest;
Now, therefore, in exercise of the powers conferred ty sec- tion 18A of the said Act, the Central Government hereby authorises the body of persons (in this Order referred to as the Board of Management) comprising:—
1. Shri J. I. Mehta 2. Shri Subir Sen
— Chairman — Member
— Member 3. Shri P. V. Subba Rao 4. Shri S. Bhattacharyya
— Member
5. Shri S. D. Ganguli
— Member to take over the management of the whole of the said in- dustrial undertaking, subject to the following terms and con- ditions namely :—
(i) The Board of Management shall comply with nil directions issued from time to time by the Central Government;
(ii) The Board of Management shall hold office for five years from the date of publication of this Older in the Official Gazette; and
(ili) The Central Government may terminate the appoint- ment of any of the persons comprising the Board of Management earlier if it considers nocessmy to do so.
2. This Order shall have effect for a period of five years commencing on the date of its publication in Ihe Official Gazette.
[F. No. 2(1)/7S-CUC] G. V. RAMAKRISHNA, Additional Secy.