The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 389] NEW DELHI, FRIDAY, AUGUST 18, 1978/SRAVANA 27, 1900
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 18th August, 1978
986 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] Calcutta-7, (hereinafter referred to as the said industrial under-taking), is engaged in a schedule industry, namely, Jute Industry; (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 :—And whereas from the documentary and other evidence in its possession, the Central Government is satisfied, in relation to the said industrial undertaking, that it has been closed for a period of not less than three months and such closure is prejudicial to the concerned scheduled industry and that the financial condition of the company owning the industrial undertaking and the condition of the plant and machinery of such undertaking arc such that it is possible to re-start the undertaking and such re-starting ia 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 Shri C. R. Venkatara- man, Commissioner, Kosi Division, Government of Bihar, (1) The authorised person shall comply with all the
directions issued from time to time by the Central Government.
(2) The authorised person shall hold office for a period of three years from the date of publication of this order in the Official Gazette.
(3) The Central Government may terminate the appoint- ment of the authorised person earlier if it considers it necessary to do 90.
2. This Order shall have effect for a period of three years
from the date of its publication in the Official Gazette.
[P. No. 20/15/76-Jutc]
N. S. VAIDYANATHAN, Jt. Secy.