The Sick Textile Undertakings (Nationalisation) Act, 1974
Administered Ministry: Ministry of Textiles
Schedule
First Schedule THE FIRST SCHEDULE
THE FIRST SCHEDULE
[See sections 2 (h), 8 and 18]
Sl.
No.
Name of the undertaking Name of the owner Amount
(in rupees)
(1) (2) (3) (4)
1 Adoni Cotton Mills, Alur Road, Adoni
(Andhra Pradesh)
Adoni Cotton Mills Limited, 22, Bell
Building, Sir P. M. Road, Bombay-1.
10,79,000
2 Ahmedabad Jupiter Spinning, Weaving
and Manufacturing Mills, Mill No. 1,
Dadheechi Road, Ahmedabad
(Gujarat)
The Ahmedabad Jupiter Spinning,
Weaving and Manufacturing Company
Limited, Dadheechi Road,
Ahmedabad.
1,39,06,000
3 Ahmedabad Jupiter Spinning, Weaving
and Manufacturing Mills, Mill No. 2,
Parel, Bombay-13 (Maharashtra)
2,35,68,000
4 Ahmedabad New Textile Mills, Outside
Raipur Gate, Ahmedabad (Gujarat)
The Ahmedabad New Textile Mills
Company Limited, Outside Raipur
Gate, Ahmedabad.
93,44,000
5 Ajudhia Textile Mills, Azadpur Delhi-
33
The Ajudhia Textile Mills Limited, 23-
24, Radha Bazar Street, Calcutta-1.
8,41,000
6 Alagappa Textile (Cochin) Mills,
Alagappanagar (Kerala)
The Alagappa Textiles (Cochin) Limited,
Alagappanagar (Kerala).
43,62,000
7 Anantapur Cotton Mills, Tadapatri
(Andhra Pradesh)
The Anantapur Cotton Mills Limited,
Tadapatri (Andhra Pradesh).
2,97,000
8 Apollo Mills, N. M. Joshi Marg,
Chinchpokli, Bombay-11
(Maharahtra)
Apollo Mills Limited, N.M. Joshi Marg,
Chinchpokli, Bombay-II
(Maharashtra).
1,20,37,000
9 Arati Cotton Mills, Dassnagar, Howrah
(West Bengal)
Arati Cotton Mills Limited, 29, Strand
Road, Calcutta-1.
4,85,000
10 Associate Industries (Assam) (Spinning
Unit), Chandrapur, Distt. Kamrup
(Assam)
Associated Industries (Assam),
Chandrapur, Distt. Kamrup (Assam).
14,14,000
11 Aurangabad Mills, Aurangabad
(Maharashtra)
The Aurungabad Mills Limited, 16,
Himgiri Padam Tekri, Pedoor Road,
Bombay-26.
1,000
12 Azam Jahi Mills, Warangal (Andhra
Pradesh)
The Azam Jahi Mills Limited, 159,
Gunfoundry Road, Hyderabad.
92,95,000
13 Balarama Varma Textile Mills,
Shencottah (Tamil Nadu)
Balarama Varma Textiles,
Limited, Shencottah (Tamil Nadu).
34,00,000
14 Bangasri Cotton Mills, Sodepur
(West Bengal)
The Bangasri Cotton Mills Limited,
Chandrachur Sadan, Sodepur, 24-
Parganas (West Bengal).
4,85,000
15 Bengal Fine Spinning and Weaving
Mills, Mill No. 1, Konnagar, District
Hooghly (West Bengal)
Bengal Fine Spinning and Weaving Mills
Limited, 7, Bipin Bihari Ganguli
Street, Calcutta.
15,16,000
16 Bengal Fine Spinning and Weaving
Mills, Mill No. 2, Kataganj, District
Nadia (West Bengal)
11,96,000
17 Bengal Luxmi (Cotton Mills,
Serampore, District Hooghly
(West Bengal)
Bengal Luxmi Cotton Mills Limited, 7,
Chowringhee Road, Calcutta.
22,00,000
18 Bengal Nagpur Cotton Mills,
Rajnandgaon (Madhya Pradesh)
Bengal Nagpur Cotton Mills Limited, 4,
Lyons Range, Calcutta.
69,71,000
(1) (2) (3) (4)
19 Bengal Textile Mills, Cossimbazar
(West Bengal)
Bengal Textile Mills Limited,
Mercantile Building, Lal Bazar,
Calcutta.
3,48,000
20 Bihar Co-operative Weavers‟ Spinning
Mills, Mokameh, Patna (Bihar)
Bihar Co-operative Weavers‟ Spinning
Mills Limited, Mokameh, Patna.
13,07,000
21 Bijli Cotton Mills, Mendu Road,
Hathras (Uttar Pradesh)
The Bijli Cotton Mills (Private) Limited,
Agra (Uttar Pradesh).
21,49,000
22 Burhanpur Tapti Mills, Lalbag,
Burhanpur R. S. (Nimar) (Madhya
Pradesh)
The Burhanpur Tapti Mills
Limited, Burhanpur R. S. Nimar
(Madhya Pradesh).
86,80,000
23 Combodia Mills, Ondipudur,
Coimbatore-16 (Tamil Nadu)
The Combodia Mills Limited,
Ondipudur, Coimbatore-16 (Tamil
Nadu)
64,40,000
24 Cannanore Spinning and Weaving
Mills, Cannanore (Kerala)
The Cannanore Spinning and Weaving
Mills Limited, Cannanore (Kerala).
47,08,000
25 Cannanore Spinning and Weaving
Mills, Mahe (Pondicherry)
61,24,000
26 Central Cotton Mills, Howrah
(West Bengal)
Central Cotton Mills
Limited, 9, Brabourne Road, Calcutta-
1.
44,10,000
27 Chhaganlal Textile Mills, Chalisgaon,
East Khandesh (Maharashtra)
The Chhaganlal Textile Mills (Private)
Limited, Chowk, Bhopal (Madhya
Pradesh).
5,42,000
28 Coimbatore Murugan Mills,
Mettupalayam Road, Coimbatore-11
The Coimbatore Murugan Mills Limited,
Mettupalayam Road, Coimbatore-11.
18,50,000
29 Coimbatore Spinning and Weaving
Mills, Krishnaswamy Mudaliar Road,
Coimbatore-1
The Coimbatore Spinning and Weaving
Company Limited, Krishnaswamy
Mudaliar Road, Coimbatore-1.
47,03,000
30 Dayalbagh Spinning and Weaving
Mills, Amritsar (Punjab)
Sir Sahabji Maharaj Mills Limited,
Dayalbagh, Agra (Uttar Pradesh)
5,74,000
31 Digvijay Spinning and Weaving Mills,
Lalbagh, Parel, Bombay-33 (Maha-
rashtra)
The Digvijay Spinning and Weaving
Company Limited, Lalbagh,
Parel, Bombay-33
75,65,000
32 Edward Mills, Beawar (Rajasthan) The Edward Mills Company
Limited, Beawar (Rajasthan).
6,79,000
33 Edward Textile Mills, Ferguson Road,
Lower Parel, Bombay (Maharashtra)
Edward Textile Mills Limited, Indu
House, Dougall Road, Ballard
Estate, Bombay (Maharashtra).
66,28,000
34 Fine Knitting Mills, near
Chamundamata, Asarva Road,
Ahmedabad (Gujarat)
The Fine Knitting Company Limited,
Asarva, near Chamundamata,
Ahmedabad-16 (Gujarat).
10,17,000
35 Gaya Cotton and Jute Mills, Gaya
(Bihar)
Gaya Cotton and Jute Mills Limited,
Gaya (Bihar).
10,49,000
36 Himabhai Manufacturing Mills, Outside
Saraspur Gate, Ahmedabad (Gujarat)
The Himabhai Manufacturing Company
Limited, Opp. Chartoda Kabrastan,
Saraspur, Ahmedabad-18 (Gujarat).
54,77,000
37 Hira Mills, 1/10, Hira Mill Marg (Agar
Road), Ujjain (Madhya Pradesh)
The Hira Mills Limited, 1/10, Hira Mill
Marg (Agar Road), Ujjain (Madhya
Pradesh).
12,39,000
38 India United Mills, Mill No.1,
Ambedkar Marg, Bombay-12
The India United Mills Limited, Indu
House, Narottam Morarjee Marg
(Dougall Road), Ballard
Estate, Bombay-400001.
39 India United Mills, Mill No. 2, Bhogale
Marg, Bombay-33
(1) (2) (3) (4)
40 India United Mills, Mill No. 3, Bhogale
Marg, Bombay-33
41 India United Mills, Mill No. 4, T. B.
Kadam Marg, Bombay-33
42 India United Mills, Mill No. 5,
Chinmchpokli Lane, Bombay-27
The India United Mills Limited, Indu
House, Narrottam Morarjee Marg,
(Dougall Road), Ballard
Estate, Bombay-400001.
1,000
43 India United Mills, Dye Works,
Sawarkar Marg, Bombay-28
44 Indore Malwa United Mills, Indore The Indore Malwa United Mills
Limited, 139, Meadows Street,
Fort, Bombay.
94,25,000
45 Jayashankar Mills Barsi, Barsi, District
Sholapur (Maharashtra)
The Jayashankar Mills Barsi Limited,
Barsi, 139, District Sholapur
(Maharashtra).
31,04,000
46 Jehangir Vakil Mills, Outside Delhi
Gate, Ahmedabad (Gujarat)
The Jehangir Vakil Mills Company
Limited, Outside Delhi Gate,
Ahmedabad (Gujarat).
98,89,000
47 Jyoti Weaving Factory, 69, S. K. Dev
Road, Calcutta-48, West Bengal
Jyoti Weaving Factory (Private) Limited-
69, S. K. Dev Road, Patipukur,
Calcutta, 48 (West Bengal).
1,000
48 Kaleeswarar Mills, „A‟ Unit,
Coimbatore (Tamil Nadu)
The Kaleeswarar Mills Limited,
Coimbatore (Tamil Nadu)
32,08,000
49 Kaleeswarar Mills, „B‟ Unit,
Kalaynarkoil (District Ramnad),
(Tamil Nadu)
15,97,000
50 Kalyanmal Mills, 15, Silnath Camp,
Indore (Madhya Pradesh)
Kalyanmal Mills Limited, 15, Silnath
Camp, Indore (Madhya Pradesh).
90,64,000
51 Kanoria Industries (Cotton Mills
Section), Konnagar (West Bengal)
Kanoria Industries Limited, 59,
Netaji Subhas Road, Calcutta-1.
7,88,000
52 Kerala Lakshmi Mills, Trichur (Kerala
State)
Kerala Lakshmi Mills Limited, Pullazhi,
Trichur-4, Kerala State.
25,71,000
53 Keshav Mills, Petlad (Gujarat) Keshav Mills Company Limited, Petlad
(Gujarat).
56,28,000
54 Kharar Textile Mills, Kharar, near
Chandigarh
The Panipat Woollen and General Mills
Company Limited, Kharar, near
Chandigarh.
12,89,000
55 Kishnaveni Textile Mills, Trichy Road,
Singanallur Post, Coimbatore (Tamil
Nadu)
Kishnaveni Textiles Limited, Trichy
Road, Singanallur Post, Coimbatore-
5.
25,50,000
56 Laxmi Narayan Cotton Mills, Rishra
(West Bengal)
Laxmi Narayan Cotton Mills
Limited, 4B, Garstin Place, Calcutta-1.
18,77,000
57 Lord Krishna Textile Mills, Saharanpur
(Uttar Pradesh)
Lord Krishna Sugar Mills Limited,
Chand Hotel, Chandni Chowk, Delhi.
69,92,000
58 Mahalakshmi Mills, Beawar (Rajasthan) The Mahalakshmi Mills Company
Limited Beawar (Rajasthan).
3,68,000
59 Mahalaxmi Mills, Vartej Road,
Bhavnagar (Gujarat)
The Mahalaxmi Mills Limited, Vartej
Road, Bhavnagar (Gujarat).
83,61,000
(1) (2) (3) (4)
60 Mahboob Shahi Kulbarga Mills,
Gulbarga (Karnataka)
Mahboob Shahi Kulbarga Mills
Company Limited, Gulbarga
(Karnataka).
1,34,84,000
61 Mahindra Mills, Cossimbazar
(West Bengal)
Mahindra Mills Limited, B. K. Paul
Avenue, Calcutta.
7,71,000
62 Minerva Mills, Malleswaram,
Bangalore-3 (Karnataka)
Minerva Mills Limited,
Temple Bar Building, 70, Forbes
Street, Fort, Bombay-1
75,41,000
63 Model Mills Nagpur, Umrer Road,
Nagpur (Maharashtra)
The Model Mills Nagpur Limited, Ilace
House, Sir Phirozshah Mehta
Road, Bombay-1.
1,000
64 Muir Mills, Civil Lines, Kanpur (Uttar
Pradesh)
Muir Mills Company Limited, Civil
Lines, Kanpur (Uttar Pradesh).
1,36,60,000
65 Mysore Spinning and Manufacturing
Mills, Magadi Road, Bangalore
(Karnataka)
The Mysore Spinning and Manufacturing
Company Limited, 70, Forbes Street,
Fort, Bombay.
84,97,000
66 Natraj Spinning and Weaving Mills
Nirmal, Adilabad District (Andhra
Pradesh)
Natraj Spinning and Weaving Mills
Limited, 37, Lal Bahadur Stadium,
Hyderabad-1.
17,26,000
67 Netha Co-operative Spinning
Mills, 608, Elechiguda,
Secunderabad-3 (Andhra Pradesh)
The Netha Co-operative Spinning Mills
Limited, Secunderabad-3.
28,42,000
68 New Bhopal Textile Mills, Chandbar,
Tehsil Huzur, Bhopal (Madhya
Pradesh)
The New Bhopal Textile Limited,
Chandbar, Tehsil Huzur, Bhopal.
7,35,000
69 New Kaiser-i-Hind Spinning and
Weaving Mills, Gorupdeo Road,
Chinchpokli, Bombay-33
(Maharashtra)
New Kaiser-i-Hind Spinning and
Weaving Company Limited, Ashoka
Apartment, Altamount Road, Bombay.
48,70,000
70 New Maneckchock Spinning and
Weaving Mills, Opp. Idgah Gate,
Ahmedabad-16 (Gujarat)
The New Maneckchock Spinning and
Weaving Company Limited, Opp.
Idgah Gate, Ahmedabad-16.
54,37,000
71 New Pratap Spinning, Weaving and
Manufacturing Mills, Dhulia, West
Khandesh
New Pratap Spinning and Weaving and
Manufacturing Company Limited,
Dhulia, West Khandesh.
70,45,000
72 New Victoria Mills, 14/1, Civil Lines,
Kanpur (Uttar Pradesh)
The New Victoria Mills Company
Limited, 14/1, Civil Lines, Kanpur
(Uttar Pradesh).
47,38,000
73 Om Parasakthi Mills, Kishnarayapuram,
Ganapathy P.O., Coimbatore-6 (Tamil
Nadu)
Om Parasakthi Mills Limited,
Kishnarayapuram, Ganapathy P.O.,
Coimbatore-6.
27,99,000
74 Orissa Cotton Mills, Bhagatpur, Cuttack Orissa Cotton Mills Limited, 41, Ironside
Road, Calcutta-1.
1,000
75 Osmanshahi Mills, Mill Road, Nanded
(Maharashtra)
Osmanshahi Mills Limited, Mill Road,
Nanded (Maharashtra).
1,06,71,000
76 Panipat Woollen Mills, Kharar, near
Chandigarh
The Panipat Woollen and General Mills
Company Limited, Kharar, near
Chandigarh.
6,40,000
77 Pankaja Mills, Coimbatore Pankaja Mills Limited, Coimbatore. 26,10,000
78 Parvathi Mills, Quilon (Kerala) Parvathi Mills Limited , Quilon (Kerala). 26,05,000
79 Pioneer Spinners, Pioneernagar, (Tamil
Nadu)
Pioneer Spinners (Private) Limited,
Pioneernagar (Tamil Nadu).
26,44,000
80 Prabha Mills, Viramgam (Gujarat)
Prabha Mills Limited, Highway
Rose Building, 92, Ambawadi Dixit
Road, Vile Parle, Bombay-57.
9,10,000
(1) (2) (3) (4)
81 R. B. Bansilal Abirchand Spinning and
Weaving Mills, Hinghanghat
(Maharashtra)
R. B. Bansilal Abirchand Spinning and
Weaving Mills Company (Private)
Limited, Hinganghat (Maharashtra).
57,50,000
82 Rajkot Spinning and Weaving Mills,
Karansinhji Cross-Road,
Post Box No. 2, Rajkot (Gujarat)
The Rajkot Spinning and Weaving Mills
Limited, Karansinhji Cross Road,
Post Box No. 2, Rajkot.
31,79,000
83 Rajnagar Spinning, Weaving and
Manufacturing Mills, Unit No.1,
Ahmedabad (Gujarat)
The Rajnagar Spinning, Weaving and
Manufacturing Company Limited,
Outside Prem Gate, Ahmedabad.
84 Rajnagar Spinning, Weaving and
Manufacturing Mills, Unit No. 2,
Ahmedabad (Gujarat)
58,81,000
85 Rampooria Cotton Mills, Serampore
(West Bengal)
Rampooria Cotton Mills Limited, 8-B,
Lall Bazar Street, Calcutta-1.
47,67,000
86 R.S.R. Gopaldas Mohta Spinning and
Weaving Mills, Akola (Maharashtra)
The R.S.R. Gopaldas Mohta Spinning
and Weaving Mills (Private) Limited,
Akola, District Akola (Maharashtra).
1,01,88,000
87 Savatram Ramprasad Mills, Akola
(Maharashtra)
Savatram Ramprasad Mills Company
Limited, Akola (Maharashtra).
59,34,000
88 Seksaria Cotton Mills, Delisle Road,
Parel, Bombay
Seksaria Cotton Mills Limited, Delisle
Road, Parel, Bombay.
49,67,000
89 Shree Bijay Cotton Mills, Bijainagar
(Rajasthan)
Shree Bijay Cotton Mills Limited,
Bijainagar (Rajasthan).
87,000
90 Shree Mahalaxmi Mills, Palta
(West Bengal)
M/s. Gajraj Pannalal Limited, Calcutta. 27,22,000
91 Shri Vikram Cotton Mills, Talkatora,
Lucknow (Uttar Pradesh)
Shri Vikram Cotton Mills Limited,
Lucknow (Uttar Pradesh).
12,46,000
92 Sodepur Cotton Mills, Sodepur
(West Bengal)
Sodepur Cotton Mills Limited, Sodepur
(West Bengal).
1,000
93 Somasundaram Mills, 10/64,
Somasundaram Mill Road,
Coimbatore
The Somasundaram Mills (Private)
Limited, 10/ 64, Somasundaram Mill
Road, Coimbatore (Tamil Nadu).
38,25,000
94 Sree Yallamma Cotton, Woollen and
Silk Mills, Yallamnagar (Tolahunaso
Railway Station)
Shree Yallamma Cotton, Woollen and
Silk Mills Company Limited,
Davangere City (Karnataka State).
10,18,000
95 Sri Bharathi Mills, Mudaliarpet P.O.,
Pondicherry
Sri Bharathi Mills Limited, Mudaliarpet
P.O., Pondicherry.
15,22,000
96 Sri Kothandram Spinning Mills,
Madurai
Sri Kothandram Spinning Mills (Private)
Limited, Madurai.
97,000
97 Sri Ranga Vilas Ginning, Spinning and
Weaving Mills, Avanashi Road,
Peelamedu P.O., Coimbatore (Tamil
Nadu)
Sri Ranga Vilas Ginning, Spinning and
Weaving Mills Limited, Avanashi
Road, Peelamedu P.O., Post Box
No. 828, Coimbatore.
35,14,000
98 Sri Sarada Mills, Podanur (Tamil Nadu) Sri Sarada Mills Limited, Podanur
(Tamil Nadu).
50,31,000
99 Suraj Textile Mills, Malout Mandi,
Punjab
Suraj Textile Mills Limited, Malout
Mandi, Punjab.
2,37,000
100 Swadeshi Cotton and flour Mills, 7,
Silnath Camp, Indore-3 (Madhya
Pradesh)
The Swadeshi Cotton and flour Mills
Limited, 7, Shilnath Camp,
Indore-3 (Madhya Pradesh).
1,000
101 Tirupathi Cotton Mills, Ranigunta
(Andhra Pradesh).
Tirupathi Cotton Mills Limited, 8, Boag
Road, T. Nagar, Madras-17.
23,99,000
102 Vidarbha Mills (Berar) Ellichpur
(Maharashtra)
Vidarbha Mills Berar Limited, Ellichpur
(Maharashtra).
73,26,000
103 Vijaymohini Mills, Trivandrum The Vijaymohini Mills Limited,
Trivandrum.
32,95,000
Second Schedule THE SECOND SCHEDULE.
THE SECOND SCHEDULE [See sections 21, 22, 23 and 27] Order of priorities for the discharge of liabilities in respect of a sick textile undertaking PART A Post-take-over management period Category I.— (a) Loans advanced by a bank. (b) Loans advanced by an institution other than a bank. (c) Any other loan. (d) Any credit availed of for purpose of trade or manufacturing operations. Category II.— (a) Revenue, taxes, cesses, rates or any other dues to the Central Government or a State Government. (b) Any other dues. PART B Pre-take-over management period Category III.— Arrears in relation to provident fund, salaries and wages, and other amounts, due to an employee. Category IV.— Secured loans. Category V.— Revenue, taxes, cesses, rates or any other dues to the Central Government, a State Government, a local authority or a State Electricity Board. Category VI.— (a) Any credit availed of for purpose of trade or manufacturing operations. (b) Any other dues.