UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549
                                -----------------

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

        Date of Report (Date of earliest event reported): April 20, 2006

                        General DataComm Industries, Inc.
                        ---------------------------------
             (Exact Name of Registrant as Specified in its Charter)

         Delaware                   1-8086               06-0853856
         --------                   ------               ----------
(State or Other Jurisdiction       (Commission           (IRS Employer
      of Incorporation)             File Number)         Identification No.)

        6 Rubber Avenue, Naugatuck, CT                       06770
        -------------------------------                      -----
        (Address of Principal Executive Offices)             (Zip Code)

        Registrant's telephone number, including area code (203)-729-0271
                                                           --------------

                                       N/A

          (Former Name or Former Address, if Changed Since Last Report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

|_|   Written  communications  pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

|_|   Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
      Exchange Act (17 CFR 240.14d-2(b))

|_|   Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
      Exchange Act (17 CFR 240.13c-4(c))

<PAGE>

Item 1.01    Entry into a Material Definitive Agreement
Item 2.03.   Creation of a Direct Financial Obligation or an Obligation under an
             Off-Balance Sheet Arrangement of a Registrant

On April  20,  2006,  the  Corporation  entered  into an  amendment  of its loan
arrangements  with Howard S. Modlin,  Chairman of the Board and Chief  Executive
Officer.  Pursuant to such amendment,  a $250,000 demand loan made by Mr. Modlin
on February 17, 2006 was amended and restated into a term note,  50% of which is
payable  February 17, 2007 and 50% of which is payable  February  17, 2008.  Mr.
Modlin received a seven year warrant  expiring April 19, 2013 to purchase Common
Stock at 27 1/2 cents per share covering 909,090 shares.  The transactions  were
unanimously approved by the Corporation's Board of Directors on April 20, 2006.

Item 9.01(d) Exhibits

 4.1     Warrant D-4 Modlin
10.1     Seventh Amendment to Additional Senior Security Agreement
10.2     Amended and Restated $250,000 Promissory Note - Modlin

                                       2
<PAGE>

                                   SIGNATURES

      Pursuant to the  requirements of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                            General DataComm Industries, Inc.
                                                     (Registrant)

                                        By: /S/ William G. Henry
                                            -------------------------------
                                            William G. Henry
                                            Vice President, Finance and
                                            Administration, and Principal
                                            Financial Officer

April 25, 2006

                                       3
{"company-data": {"conformed-name": "GENERAL DATACOMM INDUSTRIES INC", "cik": "0000040518", "assigned-sic": "3661", "irs-number": "060853856", "state-of-incorporation": "DE", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-08086", "film-number": "06777505"}, "business-address": {"street1": "6 RUBBER AVENUE", "city": "NAUGATUCK", "state": "CT", "zip": "06770", "phone": "2037290271"}, "mail-address": {"street1": "6 RUBBER AVENUE", "city": "NAUGATUCK", "state": "CT", "zip": "06770"}}
UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549
                                -----------------

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

        Date of Report (Date of earliest event reported): April 20, 2006

                        General DataComm Industries, Inc.
                        ---------------------------------
             (Exact Name of Registrant as Specified in its Charter)

         Delaware                   1-8086               06-0853856
         --------                   ------               ----------
(State or Other Jurisdiction       (Commission           (IRS Employer
      of Incorporation)             File Number)         Identification No.)

        6 Rubber Avenue, Naugatuck, CT                       06770
        -------------------------------                      -----
        (Address of Principal Executive Offices)             (Zip Code)

        Registrant's telephone number, including area code (203)-729-0271
                                                           --------------

                                       N/A

          (Former Name or Former Address, if Changed Since Last Report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

|_|   Written  communications  pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

|_|   Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
      Exchange Act (17 CFR 240.14d-2(b))

|_|   Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
      Exchange Act (17 CFR 240.13c-4(c))
Item 1.01    Entry into a Material Definitive Agreement
Item 2.03.   Creation of a Direct Financial Obligation or an Obligation under an
             Off-Balance Sheet Arrangement of a Registrant

On April  20,  2006,  the  Corporation  entered  into an  amendment  of its loan
arrangements  with Howard S. Modlin,  Chairman of the Board and Chief  Executive
Officer.  Pursuant to such amendment,  a $250,000 demand loan made by Mr. Modlin
on February 17, 2006 was amended and restated into a term note,  50% of which is
payable  February 17, 2007 and 50% of which is payable  February  17, 2008.  Mr.
Modlin received a seven year warrant  expiring April 19, 2013 to purchase Common
Stock at 27 1/2 cents per share covering 909,090 shares.  The transactions  were
unanimously approved by the Corporation's Board of Directors on April 20, 2006.

Item 9.01(d) Exhibits

 4.1     Warrant D-4 Modlin
10.1     Seventh Amendment to Additional Senior Security Agreement
10.2     Amended and Restated $250,000 Promissory Note - Modlin

                                       2
SIGNATURES

      Pursuant to the  requirements of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                            General DataComm Industries, Inc.
                                                     (Registrant)

                                        By: /S/ William G. Henry
                                            -------------------------------
                                            William G. Henry
                                            Vice President, Finance and
                                            Administration, and Principal
                                            Financial Officer

April 25, 2006

                                       3