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The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (ii)

PUBLISHED BY AUTHORITY

No. 132] NEW DELHI, FRIDAY, MARCH 27, 1981/CHAITRA 6, 1903

Separate paging is given to this Part in order that it may be filed as a separate compilation1512 GI/80 (383)

3.Time-limit for intimation.—Every mortgagee of any

property which has vested under the Act in the Central

Government or in a Government Company, as the case may

be. and every person holding any charge, lien or other

interest in, or in relation to, any such property shall give

intimation of such mortgage, charge, lien, or other Interest

to the Commissioner within a period of thirty days from such

date, as may be specified by the Central Government under

section 18 :

Provided that if the Commissioner " satisfied that the

mortgagee of the person holding any charge, lien or other

interest was prevented by sufficient cause from jiving the

intimation within the said period of thirty days, he may,

after recording reasons In writing receive the intimation

within a further period of thirty days and not thereafter.

4. Manner of intimation.—(1) Every intimation to be given

to the Commissioner under rule 3 shall be in writing addres-

sed to the Commissioner, and shall contain the following

particulars, namely :—

(a) Name, description and full address of the mortgagee/

charge, Hen or other interest holder ;

MINSTRY OF A G f f l C W U SE

(b) Name of the undertaking in respect of which the

(Department of Indorfrtal Development)

claim is made ;

(c) amount of claim (in Indian currency) ;

NOTIFICATION

New Delhi, the 27th March, 1981

(d) particulars of the instrument, if any, by which the

mortgage, charge, lien or other interest is secured,

supported by an attested copy of the instrument ;

fe) amount, if any, already received, with particulars ;

(f) any other particulars relevant to the claim ;

'S.O. 218(E).—In exercise of the powers conferred by

i section 31 of thte Hind Cycles Limited and Sen-Raleigh

'Limited (Nationalisation) Act. 1980 (70 of 1980). the Central

' Government hereby makes the following rules namely ;—

(g) relief claimed.

i; Short title and commencement.—(1) These rults may

be called the Hind Cycles Limited and SenrRaleigh Ltd.

(Nationalisation) Rules, 1981.

(2) Every intimation shall be duly signed and verified by

the mortRagee, Or the person holding the charge, lien or

other interest or by a person duly authorised by him.

(.2) IThey shall come into force on the date of their publi-

cation in the Official Gazette.

2. Definitions.—In these rules, unless the context otherwise

iroquites :—

(3) Intimation may be filed in the office of the Commis-

sioner at Calcutta or Bombay on all working days during

office hours or may be sent to the Commissioner by registered

post with acknowledgment due.

(a) "Act" means the Hind Cycles Lilmted and Sen-Raliegh

Limited (Nationalisation) Act. 1980.

> (b) 'section' means a section of the Act-

[File No. IME-49(10)/81]

MANISH BAHL, Jt. Secy.