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The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (ii)

PUBLISHED BY AUTHORITY

No. 469] NEW DELHI, MONDAY, OCTOBER 23, 1978/KARTIKA 1, 1900

Separate paging is g i v en to this Part in order that it may be filed as a separate compilation.

Provisions of the Companies Act, 1956

(Deptt. of Industrial Development)

Exceptions, restrictions and limita- tions subject to which the provision mentioned in column (1) shall ap- ply to the undertaking ORDER

(2)

(1)

New Delhi, the Urd October, 197S

S.O. 6()8(E).—Whereas by the Order of I lie Government

of India in the Ministry of Industry (Department of Industrial

Development) No. S.O. 84(XE)/IKA/IDRA/77 dated the 15th

December, 1977 issued under section 18A of the Industries

Section 166 V Section 210(1)

(Development and Regulation) Act, 1951 (65 of 1951), the Cen-

tral Government have authorised a body of persons to take over

the management of the whole of the Industrial undertaking

known as Bengal Chemical and Pharmaceutical Works Limited,

Calcutta, for the period specified therein;

Provisions of theso sections shall not apply to ihe extent that the Balance Sheet and Profit and Loss Account of the Industrial under- taking need not be placed before the Annual General Meeting. The industrial undertaking will have to prepare the Balance Sheet and Profit and Loss account as usual and shall file its statutory returns and balance sheet and profit and loss account with the Registrar of Companies. The exemption does not alTect the provisions of the section 139(1) of the Companies Act, 1956 (1 of 1956).

Now, therefore, in exercise of the powers conferred by sub-

Provisions of those sections shall not apply to the industrial under- taking.

Section 169 "1 Section 217 } Scction 219 J

section (2) of section 18E of the said Act, the Central Govern-

Section 224 \ Section 225 J

ment hereby specifies in the Schedule annexed hereto, the excep-

tions, restrictions and limitations subject to which the Com-

Provisions of these sections shall not apply to the industrial undertaking subject to the condition that the auditor shall be appointed by the Central Government.

panies Act, 1956 (1 of 1956) shall continue to apply to the Indus,

Section 293

Provisions of this section shall not apply to the industrial undertaking.

trial undertaking in the same manner as it applied thereto be-

fore the issue of the order under section ISA.

(File No. 4/26/76-CUC1 P. C. NAYAK, Joint Secy.