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La Gazette de L' État de Poudouchéry

The Gazette of Puducherry

PART - I

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EXTRAORDINAIRE

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2014 }

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31 {

No.

82

Poudouchéry

Jeudi

31

Juillet

2014 (9 Sravana 1936)

No.

Puducherry

Thursday

31st

July

2014

GOVERNMENT OF PUDUCHERRY

CHIEF SECRETARIAT

DEPARTMENT OF INDUSTRIAL DEVELOPMENT

(INDUSTRIES AND COMMERCE)

(G.O. Ms. No. 1/2014-Ind.B , dated 22nd July 2014)

NOTIFICATION

The Lieutenant-Governor, Puducherry has been pleased to order that the

G.O. Ms. No. 10/2012-Ind.B, dated 18-9-2012 applicable to Anglo-French Textiles

Limited, Puducherry ceases its operation with effect from 5-11-2013 i.e. from the

date of declaration of lay off by the management after adopting the due process of

law provided that the payment made by virtue of the said G.O Ms. No. 10/2012-Ind.B,

dated 18-9-2013 shall not be deemed to be wages for the purpose of the Payment

of Wages Act, 1936.

546

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546

online publication at “http://styandptg.puducherry.gov.in”

Government Central Press

Directorate of Stationery and Printing

Puducherry-9

Therefore, only ex gratia shall be entitled to all the employees of the

Anglo-French Textiles during the period from 1-1-2012 to 22-11-2012 and from

25-2-2013 to 4-11-2013 which was declared as holiday without performance of any

actual work due to the following reasons.

(i) Incurring continuous loss and poor financial status;

(ii) The bank accounts with the consortium banks are classified as

Non-Performing Assets (NPA) due to non-settlement of LC dues overdrafts,

etc., which resulted in denial of any financial assistance by the banks like

temporary overdraft (OD);

(iii) Inadequate working capital for the purchase of raw materials like

cotton, yarn, furnace oil, chemicals, stores and spares to resume the

production activities in “A”, “B” and “C” units.

(iv) EPF authorities had frequently freezed the accounts of

Anglo-French Textiles under 8F of Employees Provident Funds and

Miscellaneous Provisions Act, 1952 for the non-payment of EPF dues to

the tune of ` 7.66 crores;

(v) Non-payment of ESI dues to the Employees State Insurance

Corporation for the past three years.

(vi)

The net worth has been totally eroded and the net worth is (-) 107.84 crores.

(vii) The dues to the Electricity Department has not been paid for a long time.

And, ex post facto approval of Lieutenant-Governor, Puducherry is also

hereby accorded for the payment of ex gratia not exceeding to 50% of the basic

pay, dearness pay, dearness allowance, house rent allowance and other applicable

allowances to all the employees of the Anglo-French Textiles during the period from

1-1-2012 to 22-11-2012 and from 25-2-2013 to 4-11-2013 which was declared as

holiday without performance of any actual work since the payment for this period

shall not be deemed to be wages for the purpose of Payment of Wages Act, 1936.

(By order of the Lieutenant-Governor)

G. MALAR KANNAN,

Joint Secretary to Government (Ind. & Com.).

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