Textile Undertakings (Taking Over of Management) Act,1983

Act No : 40

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Section : DEFINITIONS

SECTION 02: DEFINITIONS

In this Act, unless the context otherwise requires-

(a) "appointed day" means the date on which this Act comes into force;

(b) "Custodian" means the person appointed under Section 4-to take over the management of the undertakings;

(c) "notification" means a notification published in the Official Gazette;

(d) "textile undertakings" or "the textile undertaking" means an undertaking specified in the second column of the First Schedule;

(e) "textile company" means a company (being a company as defined in the Companies Act, 1956-) specified in the third column of the First Schedule, as owning the undertaking specified in the corresponding entry in the second column of that Schedule;

(f) words and expressions used herein and not defined but defined in the Companies Act, 1956-, shall have the meanings respectively assigned to them in that Act.

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