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Section 31

The Maruti Limited (Acquisition and Transfer of Undertakings) Ordinance, 1980.Ordinance · 1980

(1) The Central Government may, by notification, make rules for Power to carrying out the provisions of this Ordinance. m a e ru leS l

(2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely: —

(a) the time within which, and the manner in which, an intimation shall be given to the Commissioner under sub-section- (3) of section 4;

(b) the form and the manner in which, and the conditions subject to which, the Custodian or Custodians shall maintain accounts under section 12;

(c) the manner in which the monies in any provident fund or other fund under section 14 shall be dealt with;

(d) any other matter which is required to be, or may be, prescribed.

(3) Every rule made by the Central Government under this Ordinance shall be laid, as 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 494 THE GAZE7TTB OF INDIA EXTRAORDINARY IPART 1 1 ^ may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive Sessions aforesaid, 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.

Power to 32. If any difficulty arises in giving effect to the provisions of this Ordlremove nance, the Central Government may, by order, not inconsistent with the dl??f provisions of this Ordinance, remove the difficulty:

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Provided that no such order shall be made after the expiry of a period of two years from the appointed day.

THE SCHEDUIiE (See sections 19, 20, 21 and 23) ORDER or PBIOMTTES FOR THE DISCHARGE OF LIABUJTIES or THE COMPANY Category I—

(a) Employees' dues on account of unpaid salaries, wages, provident fund, Employees' State Insurance contribution or premium relating to the Life Insurance Corporation of India or any other amounts due to the employees;

(b) Revenues, taxes, cesses, rates or other dues to the Central Government, State Government and local authorities or the State Electricity Board.

Category II— Amounts due to the Government of Haryana towards the cost of land.

Category III— Secured loans with Interest.

Category IV—

(a) Deposits received from the public or from the members of the Company;

(b) Deposits towards dealership;

(c) Any credit availed of for purposes of trade or manufacturing operations;

§ec. ij -nd: GAJftiii of INDIA EXTRA6R5INABY 4gj

(d) Share application monies where shares were not allotted.

Category V— Any other dues.

N. SANJIV A REDDY, President.

A. K. SRINIVASAMURTHY, Joint Sdcy. to the Govt, of India, HUNTED BT THB OENBRAL MAKAGKR, GOVIRNMSNT Or INDIA PRESS, MINTO ROAD tam VtLBt AMD PDBIJBHKD BT TBS CONTROLUSR Of MUBIJCAXIOWi. VMLOt, 1 8 8 0

Where this provision sits

ActThe Maruti Limited (Acquisition and Transfer of Undertakings) Ordinance, 1980.
Section31
StatusIn force as published by the source

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