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Section 16

Jayanti Shipping Company (Acquisition of Shares) Ordinance, 1971Ordinance · 1971

(1) The Central Government may, by notification in the Official Gazette, make rules to carry out the purposes of this Ordinance.

(2) Every rule made by the Central Government under this Ordinance shall be laid, a.s soon as may be after it is made, before each House of Parliament while it is in session for a total period of thirty days which may be comprised in one session or in two successive sessions, and if, before the expiry of the session in which it is so laid or the session immediately following, both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule.

17. If any difficulty arises in giving effect to the provisions of this Ordinance, the Central Government may, by order as occasion requires, do anything (not inconsistent with the provisions of this Ordinance) which appears to it to be necessary for the purpose of removing the difficulty :

Provided that no such order shall be issued after the expiration of two years from the appointed day.

18. The Jayanti Shipping Company (Taking Over of Management) Act, i 1966, is hereby repealed.

Power to make rules.

Power to remove difficulties.

Repeal.

THE SCHEDULE [See section 7(1)] Name Designation and address

(1) (2) Chairman of the Board of Directors and Managing Director of the Company Shri C P Srivastava Chairman, Shipping Corporation of India Ltd., Bombay.

Directors of the Company Shri P. N. Jain J ° i n t Secretary, Ministry of Finance, New Delhi.

Shri P. N. Mathur General Manager, Central Railway, Bombay.

Shri J. A. Dave Managing Director, Food Corporation of India, New Delhi.

Shri Jasjit Singh Member, Centra.1 Board of Excise and Customs, Ministry of Finance (Department of Revenue), New Delhi.

Shri Kamaljit Singh Managing Director, Indian Oil Corporation Ltd., Bombay.

Shri B. P. Srivastava Director (Projects), Ministry of Shipping and Transport, New Delhi.

V. V. GIRI, President.

~ N. D. P. NAMBOODIRIPAD, Joint Secy, to the Govt. of India.

PRINTED BY THE GENERAL MANAGER, GOVERNMENT OF INDIA PRES3, MINTO ROAD, NEW DELHI AND PUBLISHED BY THE MANAGER OF PUBLICATIONS, DELHI, 1971

Where this provision sits

ActJayanti Shipping Company (Acquisition of Shares) Ordinance, 1971
Section16
StatusIn force as published by the source

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