(1) Pending the formation of the Government company referred to in section 12, the Central Government may appoint one, or more than one, administrator for the efficient management and administration of the undertaking.
(2) Such administrator or administrators shall, in the management and administration of the undertaking, act in accordance with such directions, if any, as may be issued by the Central Govern* ment in this behalf, Appointment of administrators.
%*A THE GAZETTE OF INDIA EXTRAORDINARY [PART II
CHAPTER V MISCELLANEOUS Penalties. 14, (2) Any person who—
(a) having in his possession, custody or control any property forming part of the undertaking of the company, wrongfullj withholds such property from the Central Government; or
(b) wrongfully obtains possession of any property forming part of the undertaking of the company which has vested in the Central Government under this Ordinance; or
(c) wilfully withholds or fails to furnish to the Central Government or any person specified by that Government as required by sub-section (2) of section 7 any document which may be in his possession, custody or control; or
(d) wilfully fails to furnish an inventory as required under section 8; or
(e) when required to furnish such inventory, furnishes any particulars therein which are false and which he either knows or believes to be false or does not believe to be true, shall be punishable with imprisonment for a term which may extend to two years, or with fine, or with both:
Provided that the court trying any offence under clause (a) or clause (b) or clause (c) of this sub-section may, aj the time of convicting the accused person, order him to deliver up or refund within a time to be fixed by the court any property wrongfully withheld or wrongfully obtained or any document wilfully withheld or not furnished:
Provided further that nothing contained in this section or any other provision of this Ordinance shall render any person liable to be convicted of an offence in respect of anything done or omitted to be done by him before the date of promulgation of this Ordinance.
(2) No court shall take cognizance of an offence punishable under this section except with the previous sanction of the Central Government or of an officer euthorised by that Government in this.behalf.
Protection of action taken under this Ordinance-
15. No suit, prosecution or other legal proceeding shall lie against the Central Government or an administrator or an officer or other employee serving in connection with the affairs of the undertaking of the company for anything which is in good faith done or intended to be done under this Ordinance, SEC. 1] THE GAZETTE OF INDIA EXTRAORDINARY 335