section 34
Government control of aided industry
The Jammu and Kashmir State Aid to Industries Act, 1961General196147 sections6 chapters
Chapter IV Chapter IV
Statutory text
Government control of aided industry.-Notwithstanding anything contained elsewhere in this chapter, the Government may, by the appointment of its own directors or otherwise exercise such control over the conduct of the industry to which the State Aid has been given as shall suffice in its opinion to safeguard its interest; provided that such right has been expressly reserved by agreement at the time the aid was granted.
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