The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 177] NEW DELHI, TUESDAY, APRIL 12, 1983/CHAITRA 22, 1905
MINISTRY OF INDUSTRY
(Department of Industrial Development)
ORDER
New Delhi, the 12th April, 1983
2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II - S E C. 3(ii)ltho Industrial Reconstruction Corporation of India Limited, Calcutta, was authorised to take over the management of the said industrial undertaking.
And, whereas the Central Government is of opinion (hat it is expedient in the public interest that the said industrial undertaking should continue under the management of the Industrial Reconstruction Corporation of India Limited Cal- cutta, for a further period of six months upto and inclusive of the J2ih October, 1983 ;
Now, therefore, in exercise of the powers conferred by sub-section (2) of section 18AA of the Industries
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S.O. 292/ 18FB/IDJRA/83.—Whereas by ihe Older ot the Government of India in the Ministry of Industry (Depart- men: of Industrial Development) No. S.O. 5u6(E)/18l^B/ IDRA/78, dated the 18th August;1 1978 (hereinafter refeired to , ihe said Order), the Central Government in exercise of the powers oonferred by clause (b) of sub-section (I) of section 18bB of the Industries (.Development and Regulation) Act, 1951 (65 of 1951), declared that the operation of all contracts, assurances of properly, agreements, settlements, awards, standing orders or other instruments in force imme- diately before the date of issue of the said order (other than those relating to secured liabilities to banks and finan- cial institutions) to which the said industrial undertakings, known as Messrs Sri Durga Cotton Spinning and Wearing Mills Limited, Konnagar, District Hoogbly, West Bengal is a party or which may be applicable to the said industrial undertaking or company shall remain suspended for a period of one year and all rights, privileges, obligations and liabi- lities, accruing or arising thereunder before the im
And, whereas, the Central Government being of opinion that it is necessary in the interest of the general public that the said Order should continue to have effect after the expiry of the period of one year aforesaid, had declared from time to time, for such continuance, for a further period upto and inclusive of the 12th April, 1983 (vide Orders of the Government of India in the Ministry of Industry. Department of Industrial Development Nos. S.O. 455(E)/ 18FB/IDRA/79, dated thb, 9th August, 1979, S.O. 628CE)/ 18FB/TDRA/80, dated the 18th August, 198ft, S.O. 651(E)/ 1RFR/IDRA/81, dated the 14th August, 1981 and S.O. 600ffi)/18FB/IDRA|82, dated the 17th August, 19821;
And, whereas, the Central Government is satisfied that the duration of the said Order should be extended for a furtLur period upto the 12th October, 1983 ;
Now, therefore, in exercise of the powers conferred by sub-section (1) read with sub-section (2) of section 18FB of the Industries (Development and Regulation) Act, 19M (65 of 1951), the Central Government hereby extends the duration of the said Order for a further period upto and inclusive of the 12th October, 1983.
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A, P. SARWAN, It. Secy.