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The Gazette of India

EXTRAORDINARY

PART II—Section 3(ii)

PUBLISHED BY AUTHORITY

No. 301] NEW DELHI, TUESDAY, JUNE 20, 1978/JYAISTHA 30, 1900

Separate paging is given to this Part in order that it may be filed as a separate compilation

MINISTRY OF INDUSTRY

(1)

(2)

Dappartment of Industrial Development)

New Delhi, the 20th June, 1978

ORDER

S.O. 396(E).~Whereas by the order of the Government of

India in the Ministry of Industry, Department of Industrial De- velopment No. S.O. 125(E) dated the 18th May, 1978 issued under section 18A of the Industres (Development and Regula- tion) Act, 1951(65 of 1951), the Central Government have autho- rised a body of persons to take-over the management of the whole of the industrial undertaking known as Bengal Immunity Company Limited, Calcutta for the period specified therein;

Section 217

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 Accounts as usual and shall file its statutory returns and balance sheet and profit and loss account with the Regis- trar of Companies. The exemp- tion docs not affect the provisions of section 159(1) of the Companies Act, 1956(1 of 1956). Provisions of this seel ion shall not apply to the industrial under- taking.

Section 224

Now, therefore, in exercise of the powers confened by sub- section (2) of section 18E of the said Act, the Central Government hereby specifies in the Schedule annexed hereto, the exceptions, restrictions and limitations subject to which the Companies Act 1956 (1 of 1956) shall continue to apply to the industrial under- taking in the same manner as it applied thereto bofore the issue of the order under section ISA.

Provisions of this section shall no! apply to the industrial under- taking, subject to the condition that the auditor shall be appoint- ed by the Central Government.

Section 225

SCHEDULE

Provisions of this section shall not apply to industrial undertaking subject to the condition that the auditor shall bj appointed by the Centra) Government.

Section 293

Provisions of the Companies Exceptions, restrictions and limit- Act, 1956 ations subject to which the provi- sions mentioned in column (1) shall apply to the undertaking

Provisions of this Section shaH not apply to the industrial under- taking.

(2)

Section 294

(1)

Provisions of this section hall not apply to the industrial under- taking.

Section 166 Section 210(1)

Provisions of these sections shall not apply to the extent that the Balance Sheet and Profit and Loss

[No. 4/1/77-CNC] P. C. NAYAK, Jt. Secy.