Amendment status not verified — confirm the current text below against the official source.
The State Government may, if it is satisfied that it is necessary or expedient so to do, direct, by notification that the operation of all contracts, assurances of property, agreements, settlements, awards, standing orders or other instruments in force to which the company is a party or which may be applicable to the company immediately before the appointed day, shall remain suspended and all rights. privileges, obligations and liabilities Contracts, agreements, etc., to remain suspended. 153 The Great Eastern Hotel (Taking over of Management) Act, 1975. [West Ben. Act Overriding effect of notification under section W. Suspension or modi- fication of certain remedies, etc. Period of limitation. (Sections 11-16.) accruing or arising thereunder before the said date shall remain suspended or shall be enforceable with such modifications and in such manner as may be specified in such notification.