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Caltex [Acquisition of Shares of Caltex Oil Refining (India) Limited and of the Undertakings in India of Caltex (India) Limited] Act,1977

Act No : 17


Section : THE SCHEDULE

SCHEDULE 01: THE SCHEDULE

(See section 10-)

1. The amount specified in sub-section (1) of section 10-shall be deemed to correspond to fourteen million, five hundred and sixty thousand dollars (hereafter in this Schedule referred to as the principal amount).

2. The amount referred to in the foregoing paragraph and the interest due thereon shall be paid in instalments in accordance with the provisions of the Table below, namely :-

TABLE ______________________________________________________________ Ins Instalments in dollars ______________________________________________________________ Date of Payment Principal amount Interest Total ______________________________________________________________ (i) 31-3-1977 10,080,000 10,080,000

(ii) 31-3-1978 1,120,000 642,419 1,762,419

(iii) 31-3-1979 1,120.000 268,800 1,388.800

(iv) 31-3-1980 1,120,000 179,200 1,299,200

(v) 31-3-1981 1.120,000 89,600 1,209,600 ______________________________________________________________



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