The Gazette of India
EXTRAORDINARY
PART II— Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 457] NEW DELHI, MONDAY, OCTOBER 9. 1978/ASVINA 17, 1900
Separate paging is given to this Part in order that it may be filed as a separate
compilation.
1208 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II—SEC. 3(ii)]MINISTRY OF INDUSTRY
(Department of Industrial Development)
ORDER
New Delhi, the 9th October, 1978
S.O. 590(E).—Whereas Messrs Rai Bahadur Murdutroy Motilall Jute Mills Private Limited, Katihar in the State of Bihar (hereafter referred to as the said industrial undertak- ing) is engaged in a scheduled industry, namely, Jute Indus- try;
And whereas from the documentary and other evidence in its possession, the Central Government is satisfied, in rela- tion ,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 are such that it is possible to re-start the undertaking and such re-starting is necessary in the interests of the general public;
And in supersession of the order S.O. 507(E) dated the 18th August, 1978, of the Ministry of Industry (Department of Industrial Development);
Now, therefore, in exercise of (he powers conferred by clause (b) of sub-section (1) of section 18AA of the Indus- tries (Development and Regulation) Act 1951 (65 of 1951), the Central Government hereby authorises the body of the persons consisting of :—
CHAIRMAN
1. Shri K. L. Bajaj, Priyadarshan Apartment PA2/7
Koregaon Road, Poona-1, Maharashtra.
MEMBERS
2. Shri K. K. Chatterjee, Industrial Adviser, Office of the Jute Commissioner, 20, British Indian Street, Calcutta-700069.
3. Shri C. K. Basu, Special Secretary, Department of
Industry, Government of Bihar, Patna;
4. Shri S. R. Guruswamy, Manager (Costing), Indus- trial Finance Corporation of India, 4 Mangoo Lane, Calcutta;
5. Shri A. K. Chakravorty, Deputy General Manager, Industrial Reconstruction Corporation of India Limited, 19, Netaji Subhash Road, Calcutta.
(hereinafter referred to as the authorised body), to take over the management of the whole of the said industrial under- taking, subject to the following terms and conditions, namely:—
(1) The authorised body shall comply with all the direc- tions Issued from time to time by the Central Government;
(2) The authorised body shall hold office for a period of five years from the date of publication of this order in the official Gazette;
(3) The Central Government may terminate the ap- pointment of the authorised body earlier if it con- siders necessary to do so.
2. This order rhall have effect for a period of three years
from the date of its publication in the Official Gazette.
[F. No. 20/15/76-Jute] N. S. VAIDYANATHAN, Jt. Secy.