The Tea (Amendment) Act, 1976, 75 of 1976 (Rep., Act 19 of 1988)

Section 16L. For the purposes of this Act, the authorised person shall, as soon as may be after taking over the m

Repealed or not in force · As amended up to 2026-08

16L. For the purposes of this Act, the authorised person shall, as soon as may be after taking over the management of a tea undertaking or tea unit, prepare a complete inventory of the properties, belongings, liabilities and obligations of3 such tea undertaking or tea unit, as the case may he, and a list of members and creditors of such tea undertaking or ica unit, in accordance with the provisio~ls of section 18143 of the Ij~dustries (Devrlol~ment and Regulation) Act, 1951, and the said seclion shall apply to a tea undertaking or tea unit according1 y. Pr'eparation of an inventory of the asscts aucl liabilities and list of melnbel s a 1-1 `CI` creditors of manag. ed ti,, ~ t ~ : d ~ r takirlg o r [ACT 75 `OF` ~9761 `536` Tea (Arnendntmt) Bar of suits and other procccdings in relation to the tea undertakings or tea units.

Source: India Code