The Sugar Undertakings (Taking Over of Management) Act, 1978
Act No. 49 of 1978
[30th December, 1978.]
An Act to provide for the temporary taking over, in the public interest, of the management of certain sugar undertakings in certain circumstances.
WHEREAS for maintaining the continuity of production of sugar, for avoiding undue hardship to cane producing farmers and to best subserve the interests of all sections of the people, it is expedient in the public interest to provide for the taking over for a limited period the management of every sugar undertaking which fails or ceases to manufacture sugar or which fails to pay promptly amounts due for the cane acquired for the purposes of the undertaking;
BE it enacted by Parliament in the Twenty-ninth Year of the Republic of India as follows:-