Repealed or not in force · As amended up to 2026-08
16B. (I) Where the Central Government is oP opinion in reqect of a tea undertaking or a tea unit t h a t
(a) the tea undertaking or, as the case may be, the tea unit, has made losses in three out of five years immediately preceding the year in which such opinion is formed; or
(b) the average yield of the tea undertaking, or, as the case may be, the tea unit, during three years out. of five years immediately preceding the year in which such opinion is formed, has been lower than the district average yield by twenty-five per cent., or more; or
(c) the presons owning the tea undertaking, or, as the case may be, the tea unit, have habitually made default in the payment of wages, or provident fund dues of workers and other employees, or rent of the land, or duties of excise, or such other dues as they are under an obligation to pay under any law for the time being in force; or
(d) the tea undertaking, or as the case may be, the tea unit, is being managed in a manner highly detrimen'tal to the tea industry or to public interest,
the Central Government inay make, or cause to be made a full and complete investigation into the affairs of the tea undertaking or, as the case may be, the tea unit, by, such person or body of persons as it inay appoint ior the purpose.
(2) Where a company owning a tea undertaking is being wound up by or under the supervision of the Court and the business of s~xch company is not being contiqued, the Central Governnncnt may, if it is of qinion that it is necessary, in the interests of the general public, and, in particular, in the interest of production, supply or distribution of tea, to investigate into the possibility of running or restarting the tea undertaking, rnakc run apl31.ication to the Court paying for permission to malte, or causeto he made, an investigation into such po:;siDility by such person or body of persons as 'that Government may appoint for tlic: 9ui7posc; and, whel-e such an nppiication is made, the . Cuurl sliall, ~lotwithsl:-!iil.g a~iylliing cont:~i~lcd i:i the Col~npanics Act-; . 1956, . or in nn?. n l i l c r 1nv.r for t.he ti~nti 1,i:inl: i l l force. grant the l o j 1956, ~cY!n~ls::lon j;l':j:iccl `$01..` .. .
19761
Tea (Amendment)
`531`
65 of 10?i1.
a
(3) The person or body of persons appointed to make any investigation under sub-section (1) or, as the case may be, subsection (4, shall have the same powers as are specified in section 18 of the Industrica (Dcvclopmcnt and Regulation) Act, 1951,
Source: India Code