The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 504] NEW DELHI, MONDAY, NOVEMBER 3, 1980/KARTIKA 12, 1902
Separate paging is given to this part in order that It may be filed as a separate
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1632 THE CiAZLTTE OF INDIA : EXTRAORDINARY [PAR[ II—SEC. 3(y)] MINISTRY OF INDUSTRY (Department of Industrial Development) ORDfiRNew Delhi, the 3rd November, 1980
S.O. 874(E)/18AA/IDRA/80.—Whereas, the industrial undertaking known as Messrs Motipur Sugar Factory Limit- ed, Motipur, District Muzaffaipur in the State of Bihar (hereinafter referred to as the said industrial unden.aking), is engaged in a scheduled industry, namely, sugar industry ;
And, whereas, from documentary or other evidence in its possession, the Central Government is satisfied, in relation to the said industrial undertaking that the pcrrfoyis inehajg£ of the said industrial undertaking have, by diversion of funds, brought about a situation which is likely to affect the production of sugar produced in the said industrial under- taking and that Immediate action is necessary to prevent such a situation;
Now, therefore, in exercise of the powers conferred by clause (a) of sub-section (1) of section 18AA of the Indus- tries (Development and Regulation) Act, 1951 (65 of 1951), the Central Government hereby authorises the Bihar State Sugar Corporation Limited, Patna (hereinafter referred to as the authorised person), to take over the management of the whole of the said industrial undertaking, namely, Messrs Motipur Sugar Factory Limited, Motipur, District Muzaffar- pur, Bihm-, on the following terms and conditions, namely :—
(1) the authorised person shall comply with all directions issued from time to time by the Central Govern- ment;
(2) the authorised person shall hold office for a period of two years from the date of publication in the Official Gazette of this Order;
(3) the Central Government may terjninate the appoint- ment of the authorised person earlier if it considers necessary to do so.
2. This Order shall have effect for a period of two years commencing from the date of its publication in the Official Oazette.
[F. No. 4(13)/8O-Cus.]
R. N. CHOPRA, Jt. Secy.