(1) The Central Government may issue such directions as it deems fit to the Custodian-General and the Custodians to facilitate the speedy clearance of arrears, of cane dues so as to avoid undue hardship to cane producing farmers.
(2) Without prejudice to the provisions of sub-section (Z), the Cen:
tral Government may render such assistance in such manner as it may deem fit to any notified sugar undertaking to enable the undertaking to clear the whole or any part of its arrears of cane dues so as to avoid undue hardship to cane producing farmers.
Eocplanation.—For the purposes of this section, the expression "arrears of cane dues" shall be construed in accordance with the provisions of clauses (a) and (b) of sub-section (6) of section 3.
CHAPTER IV MISCELLANEOUS
9. (J) No proceeding for the winding up of a notified sugar undertaking, being a company, shall lie in any court or be continued whether by or under the supervision of any court or voluntarily, except with the consent of the Central Government.
(2) In computing the period of limitation prescribed by any law for the time being in force for any application which may be made in the course of winding up of any such notified sugar undertaking in respect of any matter arising out of any transaction in relation to such undertaking, the time during which the making of such application was barred by this Ordinance shall be excluded.
10. (J) If the Central Government is satisfied, after such inquiry as it may think fit, that any contract or agreement entered into by the owner or manager of a notified sugar undertaking, in relation to the said undertaking, at any time within twelve months immediately preceding the date of vesting, has been entered into in bad faith and is detrimental to the interests of the undertaking, it may make an order cancelling or varving (either unconditionally or subject to such conditions as it may think (It tp impose) the contract or agreement and thereafter the contract or agreement shall have effect accordingly:
Provided that no contract or agreement shall be cancelled or varied except after giving to the parties to the contract or agreement a reasonable opportunity of being heard.
.2) Any perwm aggrieved by an order made under sub-section (1) U If the Custodian or Custodian-General is o£ opinionJtat any Notified sugar undertaking, if a company, not to be wound up.
Contracts, etc.
in bad faith may be cancelled or varied.
Power to terminate the contract of employment.
SKC. 1] THE GAZETTE OF INDIA EXTRAORDINARY 507 Management of notified sugar undertakings pending taking over physical possession by the Custodian.
salary or wages for one month in lieu thereof, terminate such contract of employment.