Section 3 in The Technicians' Studio Private Limited Act, 1980
3. Taking over of management of the Company.
(1)The State Government shall, by notification, take over the management and control of the Company.(2)The notification issued under sub-section (1) shall, subject to subsection (3), remain in force for a period of five years from the date of its publication in the Official Gazette.(3)The notification under sub-section (1) shall cease to have any force with effect from the date specified in the notification issued under sub-section (1) of section 6.
