Industries (Development and Regulation) Act : Power of Central Government to cancel notified order

Industries (Development and Regulation) Act,1951

Act No : 65

Section : Power of Central Government to cancel notified order under section10A.

18F. Power of Central Government to cancel notified order under section 10A. If at any time it appears to the Central Government on the application of the owner of the industrial undertaking or otherwise that the purpose of the order made under section 18A has been fulfilled or that for any other reason it is not necessary that the order should remain in force, the Central Government may, by notified order, cancel such order and on the cancellation of any such order the management or the control, as the case may be, of the industrial undertaking shall vest in the owner of the undertaking. ---------------------------------------------------------------------- 1. See now the Companies Act, 1956 (1 of 1956). 107A