Preamble

Reg. No. KL/TV( Government of Kerala

KERALA GAZETTE

EXTRAORDINARY PUBLISHED BY AUTHORITY

4th

March 1986 Vol.XXXI ] Trivandrum, Tuesday, _________________________ [No.190

13 th Phalguna 1907

GOVERNMENT OF KERALA

Law (Legislation-C) Department NOTIFICATION No. 4309/Leg.C3/85/Law. Dated,Trivandrum, 4thMarch,1986

13th Phalguna, 1907.

In pursuance of clause (3) of article 348 of the Constitution of India, the Governor is pleased to authorize the publication in the Gazette of the following translation in the English language of the Kerala Sick Textiles Undertakings (Acquisition and Transfer of Undertakings) Act, 1985 (27 of 1985).

By Order of the Governor,

P.P MATHAI, Secretary (Legislation)

__________________________________________________________________ PRINTED AND PUBLISHED BY THE B.O.P. AT THE GOVERNMENT PRESS TRIVANDRUM 1986 33/763/86/MC

ACT 27 OF 1985

THE KERALA SICK TEXTILE UNDERTAKING (ACQUISITON AND TRANSFER OF UNDERTAKINGS ) ACT, 1985

[Received the assent of the President on the 14th day of October, 1985 and published as Act 27 of 1985 in Kerala Gazette Extraordinary No.830 dated the 15th October, 1985.]

An Act to provide for the acquisition and transfer of the undertakings of the prabhuram Mills, Chengannur, the Kottaym Textiles, Kurumulloor, Kottayam and the Malabar Spinning and Weaving Mills, Kallai, Calicut and the right, title and interest of the owners in respect if those undertakings with a view to reorganising and rehabilitating such undertakings and for matters connected therewith or incidental thereto.

Preamble – WHEREAS, the Prabhuram Mills chengannur, the Kottaym Textiles, Kurumulloor, Kottayam and the Malabar Spinning and Weaving Mills, Kallai, Calicut are engaged in the production of textiles made wholly or in part of cotton, including cotton yarn, hosiery and rope ;

AND WHEREAS the management of the undertakings of the said textile mills were taken over by the Central Government for a limited period under section 18AA of the Industries (Development and Regulation) Act, 1951 (Central Act 65 of 1951), and the Kerala State Textile Corporation was appointed under the said section as the authorised person for the management of the undertakings ;

AND WHEREAS an amount of approximately two hundred lakhs rupees have been spent on the said undertakings by the State Government to make them viable ;

AND WHEREAS the said undertakings were declared as relief undertakings under section 3 of the Kerala Relief undertakings (Special Provisions )Act, 1961 (6 of 1962);

AND WHEREAS it is necessary to acquire the undertakings aforesaid with a view to reorganizing and rehabilitating those undertakings as to subserve the interests of the general public by the augmentation of the production and distribution, at fair prices of the aforesaid goods;

BE it enacted in the Thirty-Sixth Year of the Republic of India as follows:-