Esso (Acquisition of Undertakings in India) Act,1974

Act No : 4

---

Section : REMOVAL OF DOUBTS

SECTION 06: REMOVAL OF DOUBTS

(1) For the removal of doubts, it is hereby declared that the provisions of sections 3-,4-and5- shall apply to the extent to which any property appertains to the business carried on by Esso in India; and to the rights and powers acquired, and to debts, liabilities and obligations incurred and to contracts, agreements and other instruments made, by Esso in India, and to legal proceedings relating to those matters pending in any court or tribunal in India.

(2) If any question arises as to whether any property appertains, on the appointed day, to any business of Esso in India, or whether any rights, powers liabilities-or obligations were acquired or incurred or any contract, agreement or other instrument was made by Esso for the purposes of its business in India or whether any documents relate to those purposes, the question shall be referred to the Central Government which shall, after giving an opportunity of being heard to the persons interested in the matter, decide it in such manner as it may think fit-

---

Read All Comments

Comments

Quick Links

• Recent Comments
• Recent Citations
• Bare Acts Alphabetically