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Core Purpose

The Central Government appoints Shri Rajinder Kumar, Economic Advisor, as Commissioner of Payments with jurisdiction over the whole of India, under powers conferred by specific sections of four Nationalization and Acquisition Acts.

Detailed Summary

The Ministry of Textiles issued Notification S.O. 4946(E) from New Delhi on 30th October, 2025. This notification, referenced by F. No. 13/1/2018-PSU (CoP), announces that the Central Government, in exercise of powers conferred by sub-section (1) of Section 17 of the Sick Textile Undertakings (Nationalization) Act, 1974 (57 of 1974), sub-section (1) of Section 6 of the British India Corporation Ltd (Acquisition of Shares) Act, 1981 (29 of 1981), sub-section (1) of Section 15 of the Swadeshi Cotton Mills Company Limited (Acquisition and Transfer of Undertakings) Act, 1986 (30 of 1986), and sub-section (1) of Section 17 of the Textile Undertakings (Nationalization) Act, 1995 (39 of 1995), has appointed Shri Rajinder Kumar, Economic Advisor, as the Commissioner of Payments. The notification explicitly defines the local limits within which the said Commissioner of Payments shall exercise the conferred powers and perform the imposed duties as the whole of India. The notification was signed by AKHILESH KUMAR, Dy. Director General.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-31102025-267308 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 4791] NEW DELHI, FRIDAY, OCTOBER 31, 2025/ KARTIKA 9, 1947 MINISTRY OF TEXTILES [PSU (CoP) Section] NOTIFICATION New Delhi, the 30th October, 2025 S.O. 4946(E).β€”In exercise of the power conferred by sub-section (1) of Section 17 of the Sick Textile Undertakings (Nationalization) Act, 1974 (57 of 1974), Sub-Section (1) of Section 6 of the British India Corporation Ltd (Acquisition of Shares) Act, 1981 (29 of 1981), Sub-Section (1) of Section 15 of the Swadeshi Cotton Mills Company Limited (Acquisition and Transfer of Undertakings) Act, 1986 (30 of 1986) and Sub-Section (1) of Section 17 of the Textile Undertakings (Nationalization) Act, 1995 (39 of 1995), the Central Government appoint Shri Rajinder Kumar, Economic Advisor as Commissioner of Payments and defines the local limits within which the said Commissioner of Payments shall exercise the powers conferred and perform the duties imposed on him, as the whole of India. [F. No. 13/1/2018-PSU (CoP)] AKHILESH KUMAR, Dy. Director General Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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