The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 17] NEW DELHI, SATURDAY, JANUARY 6, 1979/PAUSA 16, 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 6th January, 1978
S.O. 18(E)/18AA/IDRA/79.—Whereas the Central Govern- ment is satisfied that the unit of Messrs. Sri Rama Sugars and Industries Limited manufacturing sugar at Seethanagaram in District Srikakulam in the State of Andhra Pradesh (here- inafter referred to as the said industrial undertaking) has been closed for a period of more than three months and that such closure is prejudicial to the concerned scheduled Industry and that the financial condition of the company owning the said industrial undertaking and the condition of the plant and machinery of the said industrial undertaking are such that it is possible to restart the said industrial under- taking and that such restarting is necessary in the interests of the general public to ensure adequate production of sugar ;
34 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—Sjpc 3(iW (3) The Central Government may terminate the-appoint- ment of the Authorised Controller earlier. If it con- siders It necessary to do "o.the Central Government hereby authorises the Nizam Sugar Factory limited, an undertaking of the Government of Andhra Pradesh (hereinafter referred to as 'Authorised Con- troller') to take over the management of the said industrial undertaking, subject to the following terms and condition, niunely :—
2. This order shall have effect for a period of three yean commencing from the date of publication in the Official Gazette.
(1) The Authorised Controller shall comply with all directions issued from time to time by the Central Government
[File No. 4(ll)/78-CUC]
P. C. NAYAK, Joint Secy.
(2) The Authorised Controller ihall hold office for a period of three years from the date of publication in the Official Gazette of this Order.