Discussion

Explanation:

Mahalaxmi Weaving Centre has property worth Rs. 1 crore and is ready to submit Rs. 1 lakh. It also has managed to get three guarantors with personal IDs. Finally, it has no legal case against it and as obtained the environmental clearance issued by the State Pollution Control Board. Therefore, it satisfies conditions II, III, IV, V and VI. 

Though nothing is mentioned about condition I, it is given that it is a traditional handloom production unit. Because there is no option marked “Data Insufficient”, sub-condition (a) becomes valid and the case may be referred to the Development Commissioner, Handloom. 

Hence, option (c).

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