The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 83] NEW DELHI, FRIDAY, FEBRUARY 17, 1978/MAGHA 28, 1899
Separate paging is given to this Part in order that it may be filed as a separate
compilation.
339 GJ/77
(221)
222 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC, 3(ii)]MINISTRY OF INDUSTRY
(Department of Industrial Development)
ORDER
New Delhi, the 17th February, I97rt
S.O. 105(K) 18HI/IDKA/78.—Whereas by the Order of the Government of India in the Ministry of Industry (Department of Industrial Development) No. S.O. 617(E)/18AA/lDRA./77, dated the 12th August, 1977, the manage- ment of the whole of the industrial undertaking known as Messrs Indorc Textiles Limited, Ujjain, Madhya Pradesh, hud been taken over under clause (b) of sub-section (1) of section 18AA of the Industries (Development and Regulation) Act, 1951 (65 of 1951), for a period of five years upto and in- clusive of the 11th August, 1982;
And whereas, the Central Government is satisfied, that in relation to the said industrial undertaking, it is necessary so to do in the interests of the general public whh a view to preventing fall in the volume of production in the scheduled industry, namely, textile industry;
Now, therefore, in exeicise of the powers conferred by clause (b) of sub- section (1) of section 18FB of the said Act, the Central Government hereby declares 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 this Order (other than those relating to secured liabilities to banks and financial institutions) to which the said industrial under- taking is a party or which may be applicable to such industrial undertaking or company shall remain suspended for a period of one year fiom such date and that all the rights, privileges, obligations and liabilities uecruiny or arising thereunder before the said date shall remain suspended for the said period,
[hilt No. 3(5)/77-CUCl G. V. RAMAKRIS1-1NA, Addl. Secy.