Section 14 of The Industrial Development Corporation Act, 1965

Subject to the provisions of this Act, the Corporation shall have power—

1. (a)to acquire and hold such property, both movable and immovable as the Corporation may deem necessary for the performance of any of its activities, and

to lease, sell, exchange or otherwise transfer any property held by it on such

conditions as may be deemed proper by the Corporation;

1. (b)to provide or cause to be provided amenities and common facilities in

industrial estates and industrial areas and construct and maintain or cause to be

maintained works and buildings therefor;

1. (c)to make available buildings on hire or sale to industrialists or persons intending to start industrial undertakings;
2. (d)to construct buildings for the housing of the employees;
3. (e)to allot factory sheds or such buildings or parts of buildings, including

residential tenements to suitable persons in the industrial estates established or

developed by the Corporation;

1. (ii)to modify or rescind such allotments, including the right and power to evict the allottees concerned on breach of any of the terms or conditions of their allotment;

1. (f)to constitute advisory committee to advise the Corporation;
2. (h)to engage suitable consultants or persons having special knowledge or skill to assist the Corporation in the performance of its functions;
3. (f)subject to the previous permission of the State Government, to delegate any of

its powers generally or specially to any its committees or officers, and to permit

them to re-delegate specific powers to their subordinates; to enter into and perform all such contracts as it may consider necessary or expedient for carrying out any of its functions, and

1. (k)to do such other things and perform such acts as it may think necessary or expedient for the proper conduct of its functions and the carrying into effect the purposes of this Act.