Definitions

Definitions.—In this Act, unless the context otherwise requires,—

1. (a) "appointed day" means the 2nd day of April, 1986;
2. (b) "Commissioner" means the Commissioner of Payments appointed under section 17;
3. (c) "Custodian" means the Custodian appointed under sub-section

1. (2) of section 4;
   • (d) "notification" means a notification published in the Official Gazette;
   • (e) "owner", when used in relation to a sick textile undertaking, means any person or firm who or which, immediately before the appointed day, is the immediate proprietor or lessee or occupier of the sick textile undertaking or any part thereof, and in the case of a textile company in liquidation, the liquidator;
   • (f) "prescribed" means prescribed by rules made under this Act;
   • (g) "sick textile undertaking" means one of the textile undertakings specified in the First Schedule, the right, title and interest of the owner in relation to which have vested in the State Government under section 3;
   • (h) "specified date" means such date as the State Government may, for the purpose of any provision of this Act, by notification, specify; and different dates may be specified for different provisions of this Act;
     • (i) "textile" includes yarn or fabrics made either wholly or partly of cotton, wool, silk, synthetic or artificial fibres or other fibre;
   • (j) "textile company" means a company specified in column
2. (2) of the First Schedule, being a company which owns one or more textile undertakings;
   • (k) "textile undertaking" means an undertaking engaged in the manufacture of textiles and includes folding, packing, bleaching, dyeing, printing, finishing or processing of textiles;
   • (l) words and expressions used but not defined in this Act and defined in the Companies Act, 1956 (1 of 1956), have the meanings respectively assigned to them in that Act.