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REGISTERED No. D. (D)-72

The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (ii)

PUBLISHED BY AUTHORITY

No. 55] NEW DELHI, MONDAY, FEBRUARY 2, 1981/MAGHA 13, 1902 Separate paging is given to this Part in order that it may be filed as a separate compilation(203) 1283 GI/80

204 THE GAZLfTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] same manner as it applied to it before the issue of the Order un er section 18AA. SCHEDULE

Provision of the Exceptions, Restrictions and Limitations Commpanies Act, to which the provision mentioned in 1956 column 1 shall apply to the under-

taking.

1 2

MINISTRY OF INDUSTRY

(Department of Industrial Development)

ORDER

New Delhi, 2nd February, 1981

S.O. 85(E).—Whereas by the Order of the Government of

India in the Ministry of Industry (Department of Industrial Development) No. S.O. 541(E)/18AA/lDRA/79, dated the 22nd September, 1979, the Central Government has authorised the Secretary to the Government of West Bengal. Closed and Sick Industries, Calcutta, to take over the management of the whole of the industrial undertaking, namely M,

Now, therefore, in exercise of the powers conferred by sub- section (2) of section 18E of the said Act, lne Central G o. vernment hereby specifies, in the Schedule annexed hereto the exceptions, restrictions and limitations, subject to which the Companies Act, 1956 (1 of 1956) shall, so long as the manage- ment of the industrial undertaking remains vested in the Central Government, apply to the said industrial undertaking in the Sections 166 and Provisions of sub-section (1) of section 210(1) 210 and, section 166 of the Com- panies Act, 1956 shall not apply to the said undertaking to the extent that the balance-sheets and profit and loss accounts of the Company need not be placed before the annual general meeting. It shall, however, file its statutory returns of balance- sheets with the Registrar of the Companies. The exemptions will not affect the provision of section 159(1) of the Companies Act, 1956.

Section 224 and Provisions of these seciions shall not Section 225. apply to the said industrial under- taking, except that the auditors shall be appointed by the Centarl Go- vernment.

Section 169,217, Provisions of ihe^e sections shall 293(l)(d)and not apply to the sai

[File No.4(12)/76-CUS] R. N. CHOPRA. Additional Secy.

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