In this 'section "tatehas the samà meaning as in Article 12 of the Constitution.
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34. Power to make rulës.—(1) The Government may, b n'oiflction in the Gazette, make rules to carry out the prQvisions of thiS'Act,
(2) In particular; and without preju4ice to the gneraiity of the - fo-egoing power, such ruIernay provide for all or, any of the llowig" - matters,- iamely:— . .
- - (a) the, time within irhich and the mahner in which 'an intirxation referred to win sub-section (4) of section '4 shall be-given .. - . ' V -, - __\ . .
the n1anne in which money in any provident or other fin - d - referred to in section '14 shall be dealt with V V , any other matter which is required to be, pr may be prescn1ed. -
(3) Every rule mad"e under. this Act shall be laid, as soon as may bç - '- after it, is made, before the Legislative Asembl-, while itis"in session, for a' totaI period of fourteen days which. may be comprised - in one -session or in twa.
succtssive sessions, and if, before the epiry of the- session' in which i is. -so • laid or the session imiñediately 'following, the Legis1aive Assenbly-makes any amendment in the rule or decides that the rule should not be macte, the rule shall' thereafter have effe6t only in such' amended form or, be ofio effect, as • - the case may .be; so however, that any - s'uch amendxñnt oe annu1rnnt''shall be ' without prejudice to the vhdity of anything previously done under that rul
35.. Repeal and'Savzng,L-_(l) The Kerala Spinners, Alapoizha (Mqqiiiti6V, ,and Transfer of 'Undertaking) Ordinance, 2010 (9of 2010) is .herey'reealed.
(2) NotwihstandinI such repe"al', anythiftg'-don' or any action taken under the said Ordinance shall be deemed to have beer done or taken under this Act " - - - '. ,... -' .' •, - - , V • • • . - - ;• - - 4593800/2020/IND(OS) 36 - . S - : •.
43.
The First Schedule • &00024 [Se2 sections 2(g), 2(j), 4(5) and 81 Na,n' of the .zck Yame of the / Amoun textild undèrtaki.n Owner - (in Rupees)
(1) (2) (3) Kerala1 Spinners Ltd ., Kerala Spinners Ltd ,_354 67 lakhs Kdmalapüran Koi6a1aurani, Alappuzha Alappuzha -- . - . . S •S •• - The-Second Schedule (Seésections19, 20;. 21and Z5) . .'
ORDER OF PRIORITIES FOR THE DISCHARGE OF LIABILfrIES IN RESPECT OF THE SICK 'TEXTILE uNQERTAKING S.
•. 4 S PARTI - .' S - S • •'•':. ....
Category-1 \ I Arrears in relation to provident fund, sniaries and wages and other amounts du to an employee for the pre take over management per4od PARTII / OTHERLIABTL1TIES '- (A) Post-tikeover Management Period Category7411 Loaiis advanced by a Bank Loai.s advanced by an Institution other than a Bank Any; other loap - (d) Any cretht availed of for pui-pQses of trade or manufacturing operations 4Category-j_-III /
(a) Re'venue, taxes, cesses, rates or any other duds Pb the Central - Government or a State Govemmçnt. • - .. ' • •• :- • - (b) Ady othei dues. • •• . . • S • • 4593800/2020/IND(OS) 37 .4 (B) Preta'keover Management Period - Cat egory—I V Principal amounts of the secired loans advanced by any Nationalised Bank or public, financial in'titution.
Category—V - Secured loans other than those specified uider Category IV. * Category—VT Revenue, taxes1, c.esses rates or any other dues to the Central Government, a State Government, a locaL'authority or a State Electricity Board.
Category—VII
(a) Any credit availed of for purpose of trade or. mantfaètu.ring operations.
(b) Any other dues.
Ccrtegory—VllI' . .
Interest amounts on the secured loans advanced by any Nationalised Bank or public financial Institution..
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4593800/2020/IND(OS) 38