The Gazette of India
EXTRAORDINARY
PART II—Section 3 -Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 140] NEW DELHI, FRIDAY, MARCH 30, 1979/CHAITRA 9, 1901
Separate paging is given to this part in order that it may be filed as a separate compilation.
308 . THE GAZETTE OF INDIA : EXTRAORDINARY [PAST II—SEC. 3(ii)jMINISTRY OF INDUSTRY
(Oepurtinent of Industrial Development)
ORDER
New Delhi, the 30th March, 1979
S.O. 170(E)/I8AA/lDRA/7".—Whereas the Central Government is satisfied from the documentary evidence in its possession lhal (he industrial undertaking known ns Messrs. Mahadeva Textile Mills Hubli, Karnataka (hereinafter referred to as the said industrial undertaking) his been closed for a period of not less ihan three monlhs and (hut such closure is prejudicial fo the concerned scheduled industry, namely, cotton textile industry and that the financial condition of Ihc company owning the said industrial undertaking nnd tho condition of the pUnt ;md machinery of the said industrial undertaking arc such that it is possible to restart the said industrial undertaking and such restarting is necessary in the interests of tho general public ;
Now, therefore, in exercise of the powers conferred by clause (b) of sub-sec- lion (1) of section ISA A of the Industries (Development and Regulation) Act, 1951 (65 of 1951), the Central Government hereby authorises the Government of Karnataka (hereinafter referred to ns the authorised person) to take over the management of the whole of the s;u'd industrial undertaking, smbject to the following term and condition namely that the authorised person shall comply with all directions issued from time to time by the Central Government.
2. This Order shall hnve effect for a period of five years commencing from
the date of its publication in the Official Gazette.