Industries (Development and Regulation) Act : General prohibition of taking over management or control

Industries (Development and Regulation) Act,1951

Act No : 65

Section : General prohibition of taking over management or control of industrialundertakings.

20. General prohibition of taking over management or control of industrial undertakings. After the commencement of this Act, it shall not be competent for any State Government or a local authority to take over the management or control of any industrial undertaking under any law for the time being in force which authorizes any such Government or local authority so to do.