Amendment status not verified — confirm the current text below against the official source.
In this Act, unless the context otherwise requires,— (1) "Government company" has the meaning assigned. to it in section 617 of the Companies Act, 1956 ; Short title, extent and OMM011013- moot. Daftni- ti one. 509b THE CALCUTTA GAZETTE, EXTRAORDINARY,. FEBRUARY IL 1971 [PArcr: (2) "industry" means any business, trade,. undertaking, manufacture or calling of employers. and includes any calling, service, employment,, handicraft or industrial occupation or avocation of workmen, and the word "industrial" shall be construed accordingly ; (3) "notification" means a notification published in the Official Gazette ; (4) "relief undertaking" means a State industrial under- taking in respect of which a declaration under section 3 is in force ; (5) "State industrial undertaking" means an industrial undertaking— (a) which is started or which, or the management of which, is under any law or agreement acquired or otherwise taken over by the State Govern- ment or by a Government company and is run or proposed to be run by, or under the authority of, the State Government or a Government company ; or (b) to which any loan, advance, or grant has been given, or in respect of any loan whereof, a guarantee has been given, by the State Govern- ment or a Government company. Declara- tion of relief under- taking. Applica- tion of zertain enactments and con- tracts, agree- ments, etc., to relief under- taking.