if a promoter authorized by an order to construct an aerial ropeway does not, within the time specified in the order,––
(a) succeed in raising the full amount of capital required for the completion of the aerial ropeway ; or
(b) make, in the opinion of the Government, substantial progress with the construction of the aerial ropeways ; or
(c) complete the construction thereof, the powers given to the promoter by such order shall, unless the Government extends the time so specified, cease to be exercised.
(a) succeed in raising the full amount of capital required for the completion of the aerial ropeway ; or
(b) make, in the opinion of the Government, substantial progress with the construction of the aerial ropeways ; or
(c) complete the construction thereof, the powers given to the promoter by such order shall, unless the Government extends the time so specified, cease to be exercised.
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More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Declaration for concessions.Section 4 · Contents of Declaration.Section 5 · Preliminary investigations.Section 6 · Publications of proposed order authorising constructions and contents of such orders.Section 7 · Final order.Section 9 · Further order.India Code, Government of India. Text fetched 11 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.