section 5
Contracts in bad faith, etc., may be cancelled or varied
The Kerala Grandhasala Sangham (Taking over of Management) Act, 1977Chapter II TAKING OVER OF MANAGEMENT OF THE UNDERTAKING OF GRANDHASALA SANGHAM
Without prejudice to the provisions contained in section 4, the Board of Control may, with the previous approval of the Government, make an application to any court having jurisdiction in this behalf for the purpose of cancelling or varying any contract or agreement entered into at any time before the issue of the notified order under sub-section (1) of section 3, between the Grandhasala Sangham and any other person, and the court may, if satisfied after due enquiry that such contract or agreement had been entered into in bad faith and is detrimental to the interest of the Grandhasala Sangham, make an order cancelling or varying (either unconditionally or subject to such conditions as it may think fit to impose) that contract or agreement, and the contract or agreement shall cease to have effect or, as the case may be, have effect subject to such variations.
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