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MINERVA MILLS
Question # 1: What was the problem in the Minerva Mills case?
Answer: Minerva Mills Ltd is a limited company dealing in textiles. The
Central Government appointed a committee to make a full and
complete investigation of the affairs of the Minerva Mills, as it was the
opinion that there had been or was likely to be substantial fall in the
volume of Production. The said committee submitted its report to the
Government, based on which the Central Government passed an order
under Sec. 18A of the 1951 Act, authorizing the National Textile
Corporation Ltd, to take over the management of mills because its
affairs being managed in a manner highly detrimental to public interest.