Preamble

Short title and commencement.

Definitions.

The Odisha Gazette

EXTRAORDINARY PUBLISHED BY AUTHORITY No. Date : 12th March 1986

*THE BHASKAR TEXTILE MILLS (ACQUISITION AND TRANSFER) ACT, 1986

Orissa Act 4 of 1986

[Received the assent of the President on the 7th March 1986, first published in an Extraordinary issue of the Orissa Gazette, dated the 12th March 1986] ANACT TO PROVIDE FOR THEACQUISITIONANDTRANSFER OF THE BHASKARTEXTILE MILLS LIMITED, JHARSUGUDAANDTHE RIGHT,TITLE, INTEREST OF THE OWNERS IN RESPECT OF THE SAID MILLS WITHA VIEW TO REOPENINGAND REHABILITATING THE SAME SOAS TO SUB SERVE THE INTEREST OF THE GENERAL PUBLIC BY AUGMENTATION OFTHE PRODUCTIONAND DISTRIBUTION, AT FAIR PRICE, OF DIFFERENT VARIETIES OF YARNAS WELLAS TO PROTECTTHE WORKMANAGAINST UNEMPLOYMENT,AND FOR MATTERS CONNECTED THEREWITH OR INCIDENTALTHERETO

Be it enacted by the legislature of the State of Orissa in the Thirty-Seventh Year of the Republic of India, as follows:"