First Schedule
[See Sections 2 (1) (i), 2 (1) (K), 7, 13 (1) and 20 (3)]
[See Sections 2 (1) (i), 2 (1) (K), 7, 13 (1) and 20 (3)]
Sr. No.
Sr. No.
Name of the undertaking
Name of the undertaking
Name of the owner
Name of the owner
Amount
Amount
(1)
(1)
(2)
(2)
(3)
(3)
(4)
(4)
1
The Marsden Spining and Manufacturing Co. Ltd., Ahmedabad.
The Marsden Spinning and Manufacturing Co. Ltd., Ahmedabad.
32,21,000/-
2
The Monogram Mills Co. Limited, Ahmedabad.
The Monogram Mills Co. Limited, Ahmedabad.
52,97,000/-
3
The Bhalakia Mills Co. Ltd., Ahmedabad.
The Bhalakia Mills Co. Ltd., Ahmedabad.
1,58,82,000/-
4
The New Swadeshi Mills and Shri Manjushri Textiles of
Ahmedabad.
The New Swadeshi Mills Ltd., Ahmedabad.
7,34,00,000/-
5
The Silver Cotton Mills Co. Ltd., Ahmedabad.
The Silver Cotton Mills Co. Ltd., Ahmedabad.
94,33,000/-
6
M/s. Manekchowk and Ahmedabad Mfg. Co. Ltd., Ahmedabad.
M/s. Manekchowk Cotton Mfg. Co. Ltd., Ahmedabad.
82,30,000/-
7
The Ahmedabad Cotton Mfg. Co. Ltd., (Units I and II)
Ahmedabad.
The Ahmedabad Cotton Mfg. Co. Ltd., Ahmedabad.
3,08,40,000/-
8
Abhay Mills Ltd., Ahmedabad.
Abhay Mills Ltd., Ahmedabad.
1,25,90,000/-
9
The Tarun Commercial Mills Ltd., Ahmedabad.
The Tarun Commercial Mills Ltd., Ahmedabad.
1,45,94,000/-
10
The Sarangpur Cotton Mfg. Co. Ltd., Ahmedabad.
[The Sarangpur Cotton Mfg. Co. Ltd, Ahmedabad.]
4,37,73,000/-
Second Schedule
( See Section 7 (4), 16 and 18)
( See Section 7 (4), 16 and 18)
Order of Priorities for the Discharge of Liabilities in Respect of The Textile Undertakings
Order of Priorities for the Discharge of Liabilities in Respect of The Textile Undertakings
Category I.-
Category I.-
[(i) All dues including gratuity of employees in the specified textile undertaking;
(ii) Arrears relating to contributions towards Provident Fund and contributions under the Employees' State Insurance Act, 1948 payable by the owner.]
Category II.-
Category II.-
Category III.-
Category III.-
Category IV -
Category IV -
(i) Sundry creditors.
(ii) Other liabilities.
Section 33 • Gujarat Closed Textile Undertakings (Nationalisation) Act, 1986
33. Repeal and Savings.
gujarat-closed-textile-undertakings-nationalisation-act-1986-sec-33.json
•
Section 33
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"act_title": "Gujarat Closed Textile Undertakings (Nationalisation) Act, 1986",
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"section": {
"number": "33",
"title": "33. Repeal and Savings.",
"chapter": null,
"content": "First Schedule\n[See Sections 2 (1) (i), 2 (1) (K), 7, 13 (1) and 20 (3)]\n[See Sections 2 (1) (i), 2 (1) (K), 7, 13 (1) and 20 (3)]\nSr. No.\nSr. No.\nName of the undertaking\nName of the undertaking\nName of the owner\nName of the owner\nAmount\nAmount\n(1)\n(1)\n(2)\n(2)\n(3)\n(3)\n(4)\n(4)\n1\nThe Marsden Spining and Manufacturing Co. Ltd., Ahmedabad.\nThe Marsden Spinning and Manufacturing Co. Ltd., Ahmedabad.\n32,21,000/-\n2\nThe Monogram Mills Co. Limited, Ahmedabad.\nThe Monogram Mills Co. Limited, Ahmedabad.\n52,97,000/-\n3\nThe Bhalakia Mills Co. Ltd., Ahmedabad.\nThe Bhalakia Mills Co. Ltd., Ahmedabad.\n1,58,82,000/-\n4\nThe New Swadeshi Mills and Shri Manjushri Textiles of\n\t\t\t\tAhmedabad.\nThe New Swadeshi Mills Ltd., Ahmedabad.\n7,34,00,000/-\n5\nThe Silver Cotton Mills Co. Ltd., Ahmedabad.\nThe Silver Cotton Mills Co. Ltd., Ahmedabad.\n94,33,000/-\n6\nM/s. Manekchowk and Ahmedabad Mfg. Co. Ltd., Ahmedabad.\nM/s. Manekchowk Cotton Mfg. Co. Ltd., Ahmedabad.\n82,30,000/-\n7\nThe Ahmedabad Cotton Mfg. Co. Ltd., (Units I and II)\n\t\t\t\tAhmedabad.\nThe Ahmedabad Cotton Mfg. Co. Ltd., Ahmedabad.\n3,08,40,000/-\n8\nAbhay Mills Ltd., Ahmedabad.\nAbhay Mills Ltd., Ahmedabad.\n1,25,90,000/-\n9\nThe Tarun Commercial Mills Ltd., Ahmedabad.\nThe Tarun Commercial Mills Ltd., Ahmedabad.\n1,45,94,000/-\n10\nThe Sarangpur Cotton Mfg. Co. Ltd., Ahmedabad.\n[The Sarangpur Cotton Mfg. Co. Ltd, Ahmedabad.]\n4,37,73,000/-\nSecond Schedule\n( See Section 7 (4), 16 and 18)\n( See Section 7 (4), 16 and 18)\nOrder of Priorities for the Discharge of Liabilities in Respect of The Textile Undertakings\nOrder of Priorities for the Discharge of Liabilities in Respect of The Textile Undertakings\nCategory I.-\nCategory I.-\n[(i) All dues including gratuity of employees in the specified textile undertaking;\n(ii) Arrears relating to contributions towards Provident Fund and contributions under the Employees' State Insurance Act, 1948 payable by the owner.]\nCategory II.-\nCategory II.-\nCategory III.-\nCategory III.-\nCategory IV -\nCategory IV -\n(i) Sundry creditors.\n(ii) Other liabilities.",
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