The Gazette of India
EXTRAORDINARY
PART II—Section 3- Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 194] NEW DELHI, THURSDAY, MAY 3, 1979/VAISAKHA 13, 1901
Separate paging is given to this Part in order that it may be filed as a separate compilation.
466 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF INDUSTRY (Department of Industrial Development) to do in the interests of the general public with a view to preventing fall in the volume of production of the scheduled industry ; ORDERNew Delhi, the 3rd May, 1979
S.O. 242(E)/18FB/IDRA/79.—Whereas by the Order of the Government of India in the Ministry of Indmtry (Depart- ment of Industrial Development) No. S.O. 18(.E)/18AA/ IDRA/79, dated the 6th January, 1979, the Central Govern- ment authorised the Nizam Sugar Factory Limited, an under- taking of the Government of Andhra Pradesh, \o take over the management of the unit of Messrs. Sri Rama Sugars and Industries Limited manufacturing sugar at Secthanagnram in the district of Srikakulam in the State of Andhra Pradesh (hereinafter referred to as the said industrial undertaking) under clause (b) of sub-section (1) of section 18AA of the Industries (Development and Regulation) Act, 1951 (65 of 1951) for a period of three years ;
And, whereas the Central Government is satisfied that in relation to the said industrial undertaking, it is necessary so Now, therefore, in exercise of the powers conferred by clause (b) of sub-section (1) of section 18FB of the said Act, the Central Government hereby declares that the operation of all contracts, assurances of property, agreements, settle- ments, awards, standing orders or other instruments in force immediately before the date of issue of this Order (other than those relating to secured liabilities to banks and financial institutions) to which the said industrial undertaking or the eompntiy owning such industrial undertaking is a party or which may be applicable to such industrial undertaking or Company, shall remain suspended for a period of one year and all the rights, privileges, obligations and liabilities accru- ing or arising thereunder before the said date shall remain suspended for the said period.
[F. No. 4/11/78-CUC]
P, C. NAYAK, Jt. Secy.