The Bird and Company Limited (Acquisition and Transfer of Undertakings and Other Properties) Act, 1980
Administered Ministry: Ministry of Steel
Schedule
First Schedule SCHEDULE I
SCHEDULE I [See section 2 (g)] 1. Bisra Stone Lime Company Limited 2. Burrakur Coal Company Limited 3. Birds Trading and Investments Company Limited 4. Eastern Investments Limited 5. Garuda Investments Limited 6. Karanpura Development Company Limited (including Funders Shares) Having Registered 7. Kinnison Jute Mills Company Limited Office 8. Kumardhubi Fireclay and Silica Works-Limited at Chartered Bank 9. Lawrence Investments and Property Company Limited Buildings, Calcutta- 10. Ondal Investments Company Limited 700001. 11. Orissa Minerals Development Company Limited 12. Sendra Investments Company Limited 13. Birds Employees’ Co-operative Society Limited 14. Becker Gray and Company (1930) Limited 15. Karanpura Collieries Limited—Preference Shares, having registered office at 11, British Indian Street, Calcutta-700069. 16. Calcium Carbide and Chemicals Ltd., having Having registered office at 161/1, Mahatma Gandhi Road, Registered Calcutta-700007 (Partly Paid). Office at 17. Holman-Climax (Rock Drills) Limited Dolphin Court, 18. Holman-Climax Manufacturing Limited 7-A, Middleton Street, 19. Patya Tea Company Limited, having registered Calcutta-700016. office at 12, Dilkusha, Street, Calcutta-700017. 20. The Titaghur Paper Mills Company Limited,having registered office at 95, Park Street,Calcutta-700016. 21. Sonakunda Baling Company Limited, having registered office in Bangla Desh.
Second Schedule SCHEDULE II
SCHEDULE II (See sections 17, 18, 19 and 21) ORDER OF PRIORITIES FOR THE DISCHARGE OF LIABILITIES OF THE COMPANY Category I— (a) Wages, salaries and other dues payable to the employees of the Company. (b) Arrears in relation to contributions to be made by the Company to the Provident Fund, Employees State Insurance Fund, Life Insurance Corporation premium and any other arrear under any law for the time being in force (excluding gratuity). Category II— Principal amount of secured loans advanced by— (i) Central Government; (ii) State Government; (iii) Banks; (iv) public financial institutions. Category III— Principal amount of unsecured loans advanced by— (i) Central Government; (ii) State Government; (iii) Banks; (iv) public financial institutions. Category IV— (a) Any credit availed of by the Company for the purpose of carrying on any trading or manufacturing operations. (b) Any dues payable to the State Electricity Boards or other Government or semi-Government institutions for supply of goods or services. (c) Arrears of interest on loans and advances. Category V— (a) Revenue, taxes, cesses, rates or other dues to Central Government, State Government and local authorities. (b) Any other loans or dues.