section 17
Management of the Sugar undertaking
The Bobbili and Seethanagaram (Acquisition and Transfer of Sugar Undertakings) Act, 1986General198625 sections
Statutory text
- (1) The general superintendence, direction, control and management of the affairs and business of the Sugar undertakings, the right, title and interest in relation to which have vested in the Corporation under section 3, shall vest in the Corporation and thereupon the Corporation shall be entitled to exercise, to the exclusion of all other persons, all such powers and do all such things as the Company is authorised to exercise and do in relation to the sugar undertakings.
- (2) The Government may issue such directions as they may deem desirable in the circumstances of the case to the Corporation, and the Corporation may also if it is considered necessary so to do, apply to the Government at any time for instructions as to the manner in which the management of the Sugar undertakings shall be conducted or in relation to any other matter arising in the course of such management.
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