Home India Ministry of Micro, Small and Medium Enterprises Whereas a sum of Rs 12 81 42 090 Rupees twelve crore eighty ...
Date: 2018-12-21 Category: Extra Ordinary State: Union Government Country: India

Whereas a sum of Rs 12 81 42 090 Rupees twelve crore eighty one lakh forty two thousand and ninety only

Issued by Ministry of Micro, Small and Medium Enterprises · Not Applicable

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Executive Summary & Key Takeaways

This notification, S.O. 6265(E), issued by the Ministry of Micro, Small and Medium Enterprises on December 21, 2018, announces the constitution of a Tribunal to resolve a dispute concerning outstanding dues owed by the Khadi Ashram, G.T. Road, Panipat, to the Khadi and Village Industries Commission. The disputed amount totals Rs. 12,81,42,090 (Rupees twelve crore eighty-one lakh forty-two thousand and ninety only) as of March 31, 2018. The Tribunal, consisting of Shri L. Haokip, Director, Ministry of Micro Small and Medium Enterprises, Udyog Bhawan, New Delhi 110011, has been established in accordance with Section 19B of the Khadi and Village Industries Commission Act, 1956, and subrule 2 of rule 30 of the Khadi and Village Industries Commission Rules, 2006, after the Khadi Ashram disputed its liability following a notice served on April 23, 2018. The Tribunal is tasked with deciding on the payment of these dues and must submit its report to the Central Government within three months of the notification's publication. The Tribunal's headquarters will be located in New Delhi. The notification was issued under F. No. C 1892018KVIII and signed by Jt. Secy. BANDLA SRINIVAS.

Key Entities Referenced

Khadi and Village Industries Commission: An organization to which Khadi Ashram, G.T. Road, Panipat owes money. Khadi Ashram, G.T. Road, Panipat, Haryana: A society that owes money to the Khadi and Village Industries Commission. Ministry of Micro, Small and Medium Enterprises: The ministry that Shri L. Haokip, Director, belongs to. Shri L. Haokip: Director in the Ministry of Micro, Small and Medium Enterprises and the one-person Tribunal. Udyog Bhawan, New Delhi: Location of the Ministry of Micro, Small and Medium Enterprises. Khadi and Village Industries Commission Act, 1956: Act under which powers are conferred to form the tribunal. Khadi and Village Industries Commission Rules, 2006: Rules referenced for serving notice and constituting the tribunal. Central Government: The entity to which the Tribunal submits its report.
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