Act Info:Preamble1 - CALTEX ACQUISITION OF SHARES OF CALTEX OIL REFINING (INDIA) LIMITED AND OF THE UNDERTAKINGS IN INDIA OF CALTEX (INDIA) LIMITED ACT, 1977
Chapter I
Section1 - Short title and commencement
Section2 - Definitions
Chapter II
Section3 - Transfer and vesting in the Central Government of shares of Caltex Oil Refining
Section4 - Management of Caltex Oil Refining
Chapter III
Section5 - Transfer and vesting in the Central Government of the undertakings of Caltex (India) in India
Section6 - General effect of vesting
Section7 - Special provisions as to certain rights and interests held by Caltex (India) before the appointed day
Section8 - Removal of doubts
Section9 - Power of Central Government to direct vesting of the undertakings of Caltex (India) in a Government company
Chapter IV
Section10 - Payment of amount to Caltex Petroleum and Caltex (India)
Chapter V
Section11 - Transfer of service of existing employees of Caltex (India), etcTransfer of service of existing employees of Caltex (India), etc
Section12 - Provident, superannuation, welfare fund, etcProvident, superannuation, welfare fund, etc
Chapter VI
Section13 - Effect of Act on other laws
Section14 - Duty to deliver possession of properties, etc
Section15 - Contracts to continue unless terminated by Central Government
Section16 - Use of designs, trade marks, etc, belonging of Caltex Petroleum or Caltex (India)
Section17 - Penalties
Section18 - Offences by companies
Section19 - Protection of action taken in good faith
Section20 - Cognizance of offences
Section21 - Indemnity
Section22 - Power to remove difficulties
Section23 - Power to make rules
Section24 - Repeal and saving
Schedule1 - SCHEDULE