The Bird and Company Limited (Acquisition and Transfer of Undertakings and Other Properties) Act, 1980

Administered Ministry: Ministry of Steel

2 schedules
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.