Act Info:
Preamble1 - PAREL INVESTMENTS AND TRADING PRIVATE LIMITED AND DOMESTIC GAS PRIVATE LIMITED (TAKING OVER OF MANAGEMENT) ACT, 1979
Chapter I Section1 - Short title and commencement
Section2 - Definitions
Chapter II Section3 - Management of the undertakings of the two companies to vest in Central Government
Section4 - Appointment of Custodian to take over management of the undertakings of the two companies
Section5 - Payment of amount
Chapter III Section6 - Application of Act 1 of 1956
Section7 - Penalties
Section8 - Offences by companies
Section9 - Exclusion of period of operation of Act
Section10 - Act to have over-riding effect
Section11 - Protection of action taken in good faith
Section12 - Contracts in bad faith, etc., to be terminated or modified
Section13 - Avoidance of transfer or surrender after 29th December, 1977
Section14 - Power to terminate contract of employment
Section15 - Power to remove difficulties
Section16 - Power to make rules
Repealing Act1 - PAREL INVESTMENTS AND TRADING PRIVATE LIMITED AND DOMESTIC GAS PRIVATE LIMITED (TAKING OVER OF MANAGEMENT) REPEAL ACT, 2005