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Section 18FC -The Industries (Development And Regulation) Act, 1951

The Industries (Development And Regulation) Act, 1951

 

18FC. Power of Central Government to call for report on the affairs and working of managed company

 

Where the management or control of if an industrial undertaking has been taken over under section 18A, whether before or after the commencement of the Industries (Development and Regulation) Amendment Act, 1971 (72 of 1971), or under section 18 AA or section 18 FA, 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 industrial undertaking and in submitting the report the authorised person shall take into account the inventory and the lists of members and creditors prepared under section 18FG.

 

 

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The Industries (Development And Regulation) Act, 1951

 

Indian Laws – Bare Acts

 

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