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[Cites 0, Cited by 0] [Entire Act]

Union of India - Section

Section 41 in Sick Textile Undertakings (Nationalisation) Act, 1974

41. [ Validation. [Inserted by Act 36 of 2014, s. 4 (w.e.f. 17-12-2014).]

- Notwithstanding anything contained in any judgment, decree or order of any court, tribunal or other authority,-
(a)the provisions of this Act, as amended by the Textile Undertakings (Nationalisation) Laws (Amendment and Validation) Act, 2014 (36 of 2014), shall have and shall be deemed always to have effect for all purposes as if the provisions of this Act, as amended by the said Act, had been in force at all material times;
(b)any lease-hold property divested from the National Textile Corporation to any person under the provisions of this Act, as it stood immediately before the commencement of the Textile Undertakings (Nationalisation) Laws (Amendment and Validation) Act, 2014 (36 of 2014), shall stand transferred to and vest or continue to vest, free from all encumbrances, in the National Textile Corporation in the same manner as it was vested in the National Textile Corporation before such divesting of that property under the provisions of this Act, as if the provisions of this Act as amended by the aforesaid Act, were in force at all material times;
(c)no suit or other proceedings shall, without prejudice to the generality of the foregoing provisions, be maintained or continued in any court or tribunal or authority for the enforcement of any decree or order or direction given by such court or tribunal or authority, notwithstanding any undertaking filed by the National Textile Corporation in any court or tribunal or authority, directing divestment of such lease-hold property from the National Textile Corporation vested in it under section 3 of this Act, as it stood before the commencement of the Textile Undertakings (Nationalisation) Laws (Amendment and Validation) Act, 2014 (36 of 2014), and such lease-hold property shall continue to vest in the National Textile Corporation under section 3 of this Act, as amended by the aforesaid Act, as if the said section was in force at all material times;
(d)any transfer of any property, vested in the National Textile Corporation, by virtue of any order of attachment, seizure or sale in execution of a decree of a civil court or orders of any tribunal or other authority in respect of lease-hold property vested in the National Textile Corporation which is contrary to the provisions of this Act, as amended by the Textile Undertakings (Nationalisation) Laws (Amendment and Validation) Act, 2014 (36 of 2014), shall be deemed to be null and void and notwithstanding such transfer, continue to vest in the National Textile Corporation under this Act.]
The First Schedule[See sections 2 (h), 8 and 18]
Sl. No. Name of the undertaking   Name of the owner Amount (in rupees)
(1) (2)   (3) (4)
1 Adoni Cotton Mills, Alur Road, Adoni (AndhraPradesh)   Adoni Cotton Mills Limited, 22, Bell Building,Sir P. M. Road, Bombay-1. 10,79,000
2 Ahmedabad Jupiter Spinning, Weaving andManufacturing Mills, Mill No. 1, Dadheechi Road, Ahmedabad(Gujarat) - ] The Ahmedabad Jupiter Spinning, Weaving andManufacturing Company Limited, Dadheechi Road, Ahmedabad. 1.39.06.000
3 Ahmedabad Jupiter Spinning, Weaving andManufacturing Mills, Mill No. 2, Parel, Bombay-13 (Maharashtra) 2.35.68.000
4 Ahmedabad New Textile Mills, Outside RaipurGate, Ahmedabad (Gujarat)   The Ahmedabad New Textile Mills CompanyLimited, Outside Raipur Gate, Ahmedabad. 93,44,000
5 Ajudhia Textile Mills, Azadpur Delhi- 33   The Ajudhia Textile Mills Limited, 2324, RadhaBazar Street, Calcutta-1. 8,41,000
6 Alagappa Textile (Cochin) Mills, Alagappanagar(Kerala)   The Alagappa Textiles (Cochin) Limited,Alagappanagar (Kerala). 43,62,000
7 Anantapur Cotton Mills, Tadapatri (AndhraPradesh)   The Anantapur Cotton Mills Limited, Tadapatri(Andhra Pradesh). 2,97,000
8 Apollo Mills, N. M. Joshi Marg, Chinchpokli,Bombay-11 (Maharahtra)   Apollo Mills Limited, N.M. Joshi Marg,Chinchpokli, Bombay-II (Maharashtra). Arati Cotton MillsLimited, 29, Strand Road, Calcutta-1. 1,20,37,000
9 Arati Cotton Mills, Dassnagar, Howrah (WestBengal)     4,85,000
10 Associate Industries (Assam) (Spinning Unit),Chandrapur, Distt. Kamrup (Assam)   Associated Industries (Assam), Chandrapur,Distt. Kamrup (Assam). 14,14,000
11 Aurangabad Mills, Aurangabad (Maharashtra)   The Aurungabad Mills Limited, 16, Himgiri PadamTekri, Pedoor Road, Bombay-26. 1,000
12 Azam Jahi Mills, Warangal (Andhra Pradesh)   The Azam Jahi Mills Limited, 159, GunfoundryRoad, Hyderabad. 92,95,000
13 Balarama Varma Textile Mills, Shencottah (TamilNadu)   Balarama Varma Textiles, Limited, Shencottah(Tamil Nadu). 34,00,000
14 Bangasri Cotton Mills, Sodepur (West Bengal)   The Bangasri Cotton Mills Limited, ChandrachurSadan, Sodepur, 24-Parganas (West Bengal). 4,85,000
15 Bengal Fine Spinning and Weaving Mills, MillNo. 1, Konnagar, District Hooghly (West Bengal) _   Bengal Fine Spinning and Weaving Mills Limited,7, Bipin Bihari Ganguli Street, Calcutta. 15.16.000
16 Bengal Fine Spinning and Weaving Mills, MillNo. 2, Kataganj, District Nadia (West Bengal)     11.96.000
17 Bengal Luxmi (Cotton Mills, Serampore, DistrictHooghly (West Bengal)   Bengal Luxmi Cotton Mills Limited, 7,Chowringhee Road, Calcutta. 22,00,000
18 Bengal Nagpur Cotton Mills, Rajnandgaon (MadhyaPradesh)   Bengal Nagpur Cotton Mills Limited, 4, LyonsRange, Calcutta. 69,71,000
19 Bengal Textile Mills, Cossimbazar (West Bengal)   Bengal Textile Mills Limited, MercantileBuilding, Lal Bazar, Calcutta. 3,48,000
20 Bihar Co-operative Weavers’ SpinningMills, Mokameh, Patna (Bihar)   Bihar Co-operative Weavers’ SpinningMills Limited, Mokameh, Patna. 13,07,000
21 Bijli Cotton Mills, Mendu Road, Hathras (UttarPradesh)   The Bijli Cotton Mills (Private) Limited, Agra(Uttar Pradesh). 21,49,000
22 Burhanpur Tapti Mills, Lalbag, Burhanpur R. S.(Nimar) (Madhya Pradesh)   The Burhanpur Tapti Mills Limited, Burhanpur R.S. Nimar (Madhya Pradesh). 86,80,000
23 Combodia Mills, Ondipudur, Coimbatore-16 (TamilNadu)   The Combodia Mills Limited, Ondipudur,Coimbatore-16 (Tamil Nadu) 64,40,000
24 Cannanore Spinning and Weaving Mills, Cannanore(Kerala) ] The Cannanore Spinning and Weaving MillsLimited, Cannanore (Kerala). 47.08.000
25 Cannanore Spinning and Weaving Mills, Mahe(Pondicherry) 61.24.000
26 Central Cotton Mills, Howrah (West Bengal)   Central Cotton Mills Limited, 9, BrabourneRoad, Calcutta-1. 44,10,000
27 Chhaganlal Textile Mills, Chalisgaon, EastKhandesh (Maharashtra)   The Chhaganlal Textile Mills (Private) Limited,Chowk, Bhopal (Madhya Pradesh). 5,42,000
28 Coimbatore Murugan Mills, Mettupalayam Road,Coimbatore-11   The Coimbatore Murugan Mills Limited,Mettupalayam Road, Coimbatore-11. 18,50,000
29 Coimbatore Spinning and Weaving Mills,Krishnaswamy Mudaliar Road, Coimbatore-1   The Coimbatore Spinning and Weaving CompanyLimited, Krishnaswamy Mudaliar Road, Coimbatore-1. 47,03,000
30 Dayalbagh Spinning and Weaving Mills, Amritsar(Punjab)   Sir Sahabji Maharaj Mills Limited, Dayalbagh,Agra (Uttar Pradesh) 5,74,000
31 Digvijay Spinning and Weaving Mills, Lalbagh,Parel, Bombay-33 (Maharashtra)   The Digvijay Spinning and Weaving CompanyLimited, Lalbagh, Parel, Bombay-33 75,65,000
32 Edward Mills, Beawar (Rajasthan)   The Edward Mills Company Limited, Beawar(Rajasthan). 6,79,000
33 Edward Textile Mills, Ferguson Road, LowerParel, Bombay (Maharashtra)   Edward Textile Mills Limited, Indu House,Dougall Road, Ballard Estate, Bombay (Maharashtra). 66,28,000
34 Fine Knitting Mills, near Chamundamata, AsarvaRoad, Ahmedabad (Gujarat)   The Fine Knitting Company Limited, Asarva, nearChamundamata, Ahmedabad-16 (Gujarat). 10,17,000
35 Gaya Cotton and Jute Mills, Gaya (Bihar)   Gaya Cotton and Jute Mills Limited, Gaya(Bihar). 10,49,000
36 Himabhai Manufacturing Mills, Outside SaraspurGate, Ahmedabad (Gujarat)   The Himabhai Manufacturing Company Limited,Opp. Chartoda Kabrastan, Saraspur, Ahmedabad-18 (Gujarat). 54,77,000
37 Hira Mills, 1/10, Hira Mill Marg (Agar Road),Ujjain (Madhya Pradesh)   The Hira Mills Limited, 1/10, Hira Mill Marg(Agar Road), Ujjain (Madhya Pradesh). 12,39,000
38 India United Mills, Mill No.1, Ambedkar Marg,Bombay-12 ] The India United Mills Limited, Indu House,Narottam Morarjee Marg (Dougall Road), Ballard Estate,Bombay-400001.  
39 India United Mills, Mill No. 2, Bhogale Marg,Bombay-33  
40 India United Mills, Mill No. 3, Bhogale-Marg,Bombay-33 ] The India United Mills Limited, Indu House,Narrottam Morarjee Marg, (Dougall Road), Ballard Estate,Bombay-400001.  
41 India United Mills, Mill No. 4, T. B. KadamMarg, Bombay-33  
42 India United Mills, Mill No. 5, ChinmchpokliLane, Bombay-27 1,000
43 India United Mills, Dye Works, Sawarkar Marg,Bombay-28  
44 Indore Malwa United Mills, Indore   The Indore Malwa United Mills Limited, 139,Meadows Street, Fort, Bombay. 94,25,000
45 Jayashankar Mills Barsi, Barsi, DistrictSholapur (Maharashtra)   The Jayashankar Mills Barsi Limited, Barsi,139, District Sholapur (Maharashtra). 31,04,000
46 Jehangir Vakil Mills, Outside Delhi Gate,Ahmedabad (Gujarat)   The Jehangir Vakil Mills Company Limited,Outside Delhi Gate, Ahmedabad (Gujarat). 98,89,000
47 Jyoti Weaving Factory, 69, S. K. Dev Road,Calcutta-48, West Bengal   Jyoti Weaving Factory (Private) Limited-69, S.K. Dev Road, Patipukur, Calcutta, 48 (West Bengal). 1,000
48 Kaleeswarar Mills, ‘A’ Unit,Coimbatore (Tamil Nadu) ] The Kaleeswarar Mills Limited, Coimbatore(Tamil Nadu) 32,08,000
49 Kaleeswarar Mills, ‘B’ Unit,Kalaynarkoil (District Ramnad), (Tamil Nadu) 15,97,000
50 Kalyanmal Mills, 15, Silnath Camp, Indore(Madhya Pradesh)   Kalyanmal Mills Limited, 15, Silnath Camp,Indore (Madhya Pradesh). 90,64,000
51 Kanoria Industries (Cotton Mills Section),Konnagar (West Bengal)   Kanoria Industries Limited, 59, Netaji SubhasRoad, Calcutta-1. 7,88,000
52 Kerala Lakshmi Mills, Trichur (Kerala State)   Kerala Lakshmi Mills Limited, Pullazhi,Trichur-4, Kerala State. 25,71,000
53 Keshav Mills, Petlad (Gujarat)   Keshav Mills Company Limited, Petlad (Gujarat). 56,28,000
54 Kharar Textile Mills, Kharar, near Chandigarh   The Panipat Woollen and General Mills CompanyLimited, Kharar, near Chandigarh. 12,89,000
55 Kishnaveni Textile Mills, Trichy Road,Singanallur Post, Coimbatore (Tamil Nadu)   Kishnaveni Textiles Limited, Trichy Road,Singanallur Post, Coimbatore-5. 25,50,000
56 Laxmi Narayan Cotton Mills, Rishra (WestBengal)   Laxmi Narayan Cotton Mills Limited, 4B, GarstinPlace, Calcutta-1. 18,77,000
57 Lord Krishna Textile Mills, Saharanpur (UttarPradesh)   Lord Krishna Sugar Mills Limited, Chand Hotel,Chandni Chowk, Delhi. 69,92,000
58 Mahalakshmi Mills, Beawar (Rajasthan)   The Mahalakshmi Mills Company Limited Beawar(Rajasthan). 3,68,000
59 Mahalaxmi Mills, Vartej Road, Bhavnagar(Gujarat)   The Mahalaxmi Mills Limited, Vartej Road,Bhavnagar (Gujarat). 83,61,000
60 Mahboob Shahi Kulbarga Mills, Gulbarga(Karnataka)   Mahboob Shahi Kulbarga Mills Company Limited,Gulbarga (Karnataka). 1,34,84,000
61 Mahindra Mills, Cossimbazar (West Bengal)   Mahindra Mills Limited, B. K. Paul Avenue,Calcutta. 7,71,000
62 Minerva Mills, Malleswaram, Bangalore-3(Karnataka)   Minerva Mills Limited, Temple Bar Building, 70,Forbes Street, Fort, Bombay-1 75,41,000
63 Model Mills Nagpur, Umrer Road, Nagpur(Maharashtra)   The Model Mills Nagpur Limited, Ilace House,Sir Phirozshah Mehta Road, Bombay-1. 1,000
64 Muir Mills, Civil Lines, Kanpur (Uttar Pradesh)   Muir Mills Company Limited, Civil Lines, Kanpur(Uttar Pradesh). 1,36,60,000
65 Mysore Spinning and Manufacturing Mills, MagadiRoad, Bangalore (Karnataka)   The Mysore Spinning and Manufacturing CompanyLimited, 70, Forbes Street, Fort, Bombay. 84,97,000
66 Natraj Spinning and Weaving Mills Nirmal,Adilabad District (Andhra Pradesh)   Natraj Spinning and Weaving Mills Limited, 37,Lal Bahadur Stadium, Hyderabad-1. 17,26,000
67 Netha Co-operative Spinning Mills, 608,Elechiguda, Secunderabad-3 (Andhra Pradesh)   The Netha Co-operative Spinning Mills Limited,Secunderabad-3. 28,42,000
68 New Bhopal Textile Mills, Chandbar, TehsilHuzur, Bhopal (Madhya Pradesh)   The New Bhopal Textile Limited, Chandbar,Tehsil Huzur, Bhopal. 7,35,000
69 New Kaiser-i-Hind Spinning and Weaving Mills,Gorupdeo Road, Chinchpokli, Bombay-33 (Maharashtra)   New Kaiser-i-Hind Spinning and Weaving CompanyLimited, Ashoka Apartment, Altamount Road, Bombay. 48,70,000
70 New Maneckchock Spinning and Weaving Mills,Opp. Idgah Gate, Ahmedabad-16 (Gujarat)   The New Maneckchock Spinning and WeavingCompany Limited, Opp. Idgah Gate, Ahmedabad-16. 54,37,000
71 New Pratap Spinning, Weaving and ManufacturingMills, Dhulia, West Khandesh   New Pratap Spinning and Weaving andManufacturing Company Limited, Dhulia, West Khandesh. 70,45,000
72 New Victoria Mills, 14/1, Civil Lines, Kanpur(Uttar Pradesh)   The New Victoria Mills Company Limited, 14/1,Civil Lines, Kanpur (Uttar Pradesh). 47,38,000
73 Om Parasakthi Mills, Kishnarayapuram, GanapathyP.O., Coimbatore-6 (Tamil Nadu)   Om Parasakthi Mills Limited, Kishnarayapuram,Ganapathy P.O., Coimbatore-6. 27,99,000
74 Orissa Cotton Mills, Bhagatpur, Cuttack   Orissa Cotton Mills Limited, 41, Ironside Road,Calcutta-1. 1,000
75 Osmanshahi Mills, Mill Road, Nanded(Maharashtra)   Osmanshahi Mills Limited, Mill Road, Nanded(Maharashtra). 1,06,71,000
76 Panipat Woollen Mills, Kharar, near Chandigarh   The Panipat Woollen and General Mills CompanyLimited, Kharar, near Chandigarh. 6,40,000
77 Pankaja Mills, Coimbatore   Pankaja Mills Limited, Coimbatore. 26,10,000
78 Parvathi Mills, Quilon (Kerala)   Parvathi Mills Limited , Quilon (Kerala). 26,05,000
79 Pioneer Spinners, Pioneernagar, (Tamil Nadu)   Pioneer Spinners (Private) Limited,Pioneernagar (Tamil Nadu). 26,44,000
80 Prabha Mills, Viramgam (Gujarat)   Prabha Mills Limited, Highway Rose Building,92, Ambawadi Dixit Road, Vile Parle, Bombay-57. 9,10,000
81 R. B. Bansilal Abirchand Spinning and WeavingMills, Hinghanghat (Maharashtra)   R. B. Bansilal Abirchand Spinning and WeavingMills Company (Private) Limited, Hinganghat (Maharashtra). 57,50,000
82 Rajkot Spinning and Weaving Mills, KaransinhjiCross-Road, Post Box No. 2, Rajkot (Gujarat)   The Rajkot Spinning and Weaving Mills Limited,Karansinhji Cross Road, Post Box No. 2, Rajkot. 31,79,000
83 Rajnagar Spinning, Weaving and "Manufacturing Mills, Unit No.1, Ahmedabad (Gujarat) ] The Rajnagar Spinning, Weaving andManufacturing Company Limited,  
84 Rajnagar Spinning, Weaving and ManufacturingMills, Unit No. 2, Ahmedabad (Gujarat) Outside Prem Gate, Ahmedabad. 58,81,000
85 Rampooria Cotton Mills, Serampore (West Bengal)   Rampooria Cotton Mills Limited, 8-B, Lall BazarStreet, Calcutta-1. 47,67,000
86 R.S.R. Gopaldas Mohta Spinning and WeavingMills, Akola (Maharashtra)   The R.S.R. Gopaldas Mohta Spinning and WeavingMills (Private) Limited, Akola, District Akola (Maharashtra). 1,01,88,000
87 Savatram Ramprasad Mills, Akola (Maharashtra)   Savatram Ramprasad Mills Company Limited, Akola(Maharashtra). 59,34,000
88 Seksaria Cotton Mills, Delisle Road, Parel,Bombay   Seksaria Cotton Mills Limited, Delisle Road,Parel, Bombay. 49,67,000
89 Shree Bijay Cotton Mills, Bijainagar(Rajasthan)   Shree Bijay Cotton Mills Limited, Bijainagar(Rajasthan). 87,000
90 Shree Mahalaxmi Mills, Palta (West Bengal)   M/s. Gajraj Pannalal Limited, Calcutta. 27,22,000
91 Shri Vikram Cotton Mills, Talkatora, Lucknow(Uttar Pradesh)   Shri Vikram Cotton Mills Limited, Lucknow(Uttar Pradesh). 12,46,000
92 Sodepur Cotton Mills, Sodepur (West Bengal)   Sodepur Cotton Mills Limited, Sodepur (WestBengal). 1,000
93 Somasundaram Mills, 10/64, Somasundaram MillRoad, Coimbatore   The Somasundaram Mills (Private) Limited, 10/64, Somasundaram Mill Road, Coimbatore (Tamil Nadu). 38,25,000
94 Sree Yallamma Cotton, Woollen and Silk Mills,Yallamnagar (Tolahunaso Railway Station)   Shree Yallamma Cotton, Woollen and Silk MillsCompany Limited, Davangere City (Karnataka State). 10,18,000
95 Sri Bharathi Mills, Mudaliarpet P.O.,Pondicherry   Sri Bharathi Mills Limited, Mudaliarpet P.O.,Pondicherry. 15,22,000
96 Sri Kothandram Spinning Mills, Madurai   Sri Kothandram Spinning Mills (Private)Limited, Madurai. 97,000
97 Sri Ranga Vilas Ginning, Spinning and WeavingMills, Avanashi Road, Peelamedu P.O., Coimbatore (Tamil Nadu)   Sri Ranga Vilas Ginning, Spinning and WeavingMills Limited, Avanashi Road, Peelamedu P.O., Post Box No. 828,Coimbatore. 35,14,000
98 Sri Sarada Mills, Podanur (Tamil Nadu)   Sri Sarada Mills Limited, Podanur (Tamil Nadu). 50,31,000
99 Suraj Textile Mills, Malout Mandi, Punjab   Suraj Textile Mills Limited, Malout Mandi,Punjab. 2,37,000
100 Swadeshi Cotton and flour Mills, 7, SilnathCamp, Indore-3 (Madhya Pradesh)   The Swadeshi Cotton and flour Mills Limited, 7,Shilnath Camp, Indore-3 (Madhya Pradesh). 1,000
101 Tirupathi Cotton Mills, Ranigunta (AndhraPradesh).   Tirupathi Cotton Mills Limited, 8, Boag Road,T. Nagar, Madras-17. 23,99,000
102 Vidarbha Mills (Berar) Ellichpur (Maharashtra)   Vidarbha Mills Berar Limited, Ellichpur(Maharashtra). 73,26,000
103 Vijaymohini Mills, Trivandrum   The Vijaymohini Mills Limited, Trivandrum. 32,95,000
The Second Schedule[See sections 21, 22, 23 and 27]Order of priorities for the discharge of liabilities in respect of a sick textile undertaking