In force · As amended up to 2026-08
1. Ins. by Act 36 of 2014, s. 5 (w.e.f. 24-10-2014).
registers and all other documents of whatever nature relating to such undertaking or part to the Central Government or the National Textile Corporation or such other person as the Central Government or the National Textile Corporation, as the case may be, may specify in this behalf.
1[(8) Notwithstanding the fact that the textile operations have been discontinued in any textile undertaking being revived, shall for all effects and purposes be deemed that the textile operations are being continued and no suit or proceeding shall be instituted or if instituted be maintainable against the National Textile Corporation on the ground that it has discontinued such activity in the textile undertaking.
(9) For the removal of doubts, it is hereby declared that the continued deemed vesting of the leasehold land in the Central Government shall not affect, impair or in any manner prejudice the rights of the National Textile Corporation to prosecute or defend any proceedings as a subsequent vestee in respect of any such lease-hold rights and no such proceedings shall fail only on account of the non-impleadment of that Government.]
1. Ins. by Act 36 of 2014, s. 7 (w.e.f. 24-10-2014).
THE FIRST SCHEDULE
[ See sections 2(l) and (m), 8 and 18(1)]
|Sl.<br>No.|Name of the textile undertaking|Name of the owner|Amount<br>(in rupees)|
|---|---|---|---|
|(1)|(2)|(3)|(4)|
|1.|Elphinstone Spinning and Weaving|The Elphinstone Spinning and Weaving|4,56,98,000|
||Mills, Elphinstone Road, Bombay.|Mills Co. Ltd., Kamani Chambers, 32,||
|||RamjiBhaiKamaniMarg, Bombay-38.||
|2.|Finlay Mills, 10/11, Dr. S.S. Rao|The Finlay Mills Ltd., Chartered Bank|8,14,87,000|
||Road, Bombay.|Building Fort, Bombay-23.||
|3.|Gold Mohur Mills, DadasahebPhalke|The Gold Mohur Mills Ltd.,Chartered Bank|5,45,55,000|
||Road, Dadar, Bombay.|Building, Fort, Bombay-23.||
|4.|Jam Manufacturing Mills, Lalbaug,|The Jam Manufacturing Co. Ltd., Lalbaug,|2,79,62,000|
||Parel, Bombay.|Parel, Bombay-12.||
|5.|Kohinoor Mills (No. 1), Naigaum|||
||Cross Road, Dadar, Bombay.|||
|6.|Kohinoor Mills (No. 2), Naigaum|The Kohinoor Mills Co. Ltd., Killick|2,33,38,000|
||Cross Road, Dadar, Bombay.|House, CharanjitRaiMarg (Home Street),||
|7.|Kohinoor Mills (No. 3), Lady|Fort, Bombay-1.||
||Jamshedji Road, Dadar, Bombay.|||
|8.|New City of Bombay Manufacturing|The New City of Bombay Manufacturing|4,23,57,000|
||Mills, 63, Tukaram B. KadamMarg,|Co. Ltd., 63, TukaramBaisajiKadam Path,||
||Bombay.|Bombay-33.||
|9.|Podar Mills, N.M, Joshi Marg,|The Podar Mills Ltd., Podar Chambers,|7,46,30,000|
||Bombay.|Syed Abdulla Brelvi Road, Fort, Bombay-1.||
|10.|Podar<br>Mills<br>(Process<br>House),|The Podar Mills Ltd., Podar Chambers,|1,91,94,000|
||GanpatRaoKadamMarg, Bombay.|Syed Abdulla Brelvi Road, Fort, Bombay-1.||
|11.|Shree<br>Madhusudan<br>Mills,|Shree<br>Madhusudan<br>Mills<br>Ltd.,<br>31,|2,70,85,000|
||PandurangBudhkarMarg, Bombay.|Chowringhee Road, Calcutta-16.||
|12.|Shree Sitaram Mills, N.M. Joshi|Shree Sitaram Mills Ltd., N.M. Joshi Marg,|1,95,20,000|
||Marg, Bombay.|Bombay-11.||
|13.|Tata Mills, Dr. Ambedkar Road,|The Tata Mills Ltd., Bombay House, 24|9,33,47,000|
||Dadar, Bombay.|HomiMody Street, Fort, Bombay- 23.||
|14.|Laxmirattan Cotton Mills, Kalpi|Laxmirattan<br>Cotton<br>Mills<br>Company|2,22,39,000|
||Road Kanpur.|Limited,<br>BehariNiwas,<br>ChataiMahal,||
|||Kanpur.||
|15.|Atherton West Cotton Mills, Anwar|Atherton West and Company Limited,|1,10,95,000|
||Ganj,Kanpur.|Anwarganj,Kanpur.||
Source: India Code