Lawgist16KPower of Central Government to call for report on the affairs and working of a managed tea undertaking or tea unit
1[16K. Power of Central Government to call for report on the affairs and working of a managed tea undertaking or tea unit.--(1) Where the management or control of a tea undertaking or tea unit, as the case may be, has been taken over under section 16D or under section 16E or under section 16-I, the Central Government may, at any time during the continuance of such management or control, call for a report from the authorised person on the affairs and working of the tea undertaking or tea unit, and in submitting the report the authorised person shall take into account the inventory and list of members and creditors prepared under section 16L.
(2) On receipt of the report submitted by the authorised person, the Central Government may exercise all or any of the powers conferred on it by sections 18FD, 18FE and 18FF of the Industries (Development and regulation) Act, 1951 (65 of 1951), to the same extent and subject to the same conditions, limitations or restrictions as are specified in the said sections, and the provisions of the said sections shall become applicable to a tea undertaking or tea unit, as the case may be.]
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1. Ins. by Act 75 of 1976, s. 2 (w.e.f. 11-6-1976).
- 16A Definitions
- 16B Power to cause investigation to be made in relation to a tea undertaking or tea unit
- 16C Power of Central Government on completion of investigation
- 16D Power of Central Government to assume management or control of tea undertaking or tea unit in certain cases
- 16E Power to take over tea undertaking or tea unit without investigation under certain circumstances
- 16F Contracts in bad faith, etc., may be cancelled or varied
- 16G Application of Act 1 of 1956
- 16H Power of Central Government to cancel notified order under section 16D or 16E
- 16 Tea nurseries
- 16J Power of Central Government to make certain declarations in relation to tea undertakings or tea unit
- 16K Power of Central Government to call for report on the affairs and working of a managed tea undertaking or tea unit
- 16L Preparation of an inventory of the assets and liabilities and list of members and creditors of managed tea undertaking or tea unit
- 16LL Debts incurred and investments made by the authorised person to have priority
- 16M Bar of suits and other proceedings in relation to the tea undertakings or tea units
- 16N Rules made under Act 65 of 1951 to apply
