Title : Delegation of Powers,
State : Central
Year : 1973
(1) The Central Government may, by notification, direct that all or any of the powers exercisable by it under this Act may also be exercised by any person or persons as may be specified in the notification. (2) Whenever any delegation of power is made under sub-section (1), the person to whom such power has been delegated shall act under the direction, control and supervision of the Central Government. View Complete Act List Judgments citing this sectionTitle : Offences by Companies
State : Central
Year : 1973
(1) Where an offence under this Act has been committed by a company, every person who at the time the offence was committed was in charge of, and was responsible to, the company for the conduct of the business of the company as well as the company shall be deemed to be guilty of the offence and shall be liable to be proceeded against and punished accordingly : Provided that nothing contained in this sub-section shall render any such person liable to any punishment, if he proves that the offence was committed without his knowledge or that he had exercised all due diligence to prevent the commission of such offence. (2) 'Notwithstanding anything contained in sub-section (1), where any offence under this Act, has been committed by a company and it is proved that the offence has been..... View Complete Act List Judgments citing this sectionTitle : Functions of Corporation
State : Central
Year : 1972
( 1 ) The functions of the Corp oration sh all include-- (a) the carrying on of any part of the general insurance business, if it thinks it desirable to do so; (b) aiding, assisting and advising the acquiring companies in the matter of setting up of standards of conduct and sound practice in general insurance business and in the matter, of rendering efficient service to holders of policies of general insurance; (c) advising the acquiring companies in the matter of controlling their expenses including the payment of commission and o ther expenses; (d) advising the acquiring companies in the matter of the investment of their funds; (e) issuing directions to acquiring companies in relation to the conduct of general insurance business. 1[ Provided that all the functions of the..... View Complete Act List Judgments citing this sectionTitle : Commissioner of Payments
State : Central
Year : 1973
(1) For the purpose of disbursing the amounts payable to the owner of each coal mine or group of coal mines, the Central Government shall appoint such person as it may think fit to be the Commissioner of Payments. (2) The Central Government may appoint such other persons as it may think fit to assist the Commissioner and thereupon the Commissioner may authorise one or more of such persons to also exercise all or any of the powers execisable by him under this Act, and different persons may be authorised to exercise different powers. (3) Any person authorised by the Commissioner to exercise any powers may exercise those powers in the same manner and with the same effect as if they have been conferred on that person directly by this Act and not by way of authorisation. (4) The..... View Complete Act List Judgments citing this sectionTitle : Acquisition of the Rights of Owners of Coal Mines
State : Central
Year : 1973
(1) On the appointed day, the right, title and interest of the owners in relation to the coal mines specified in the schedule shall stand transferred to, and shall vest absolutely in the Central Government free from all incumbrances. 1[(2) x x x] 2[(3) On and from the commencement of the Coal Mines (Nationalisation) Amendment Act, 1976,-- (a) no person, other than-- (i) the Central Government or a Government company or a corporation owned, managed or controlled by the Central Government, or (ii) a person to whom a sub-lease, referred to in the proviso to clause (c), has been granted by such Government, company or corporation, or 3[(iii) a company engaged in-- (1) the production of iron and steel, (2) generation of power, (3) washing of coal obtained from a mine, or ..... View Complete Act List Judgments citing this sectionTitle : Management, Etc., of Coal Mines
State : Central
Year : 1973
(1) The general superintendence, direction, control and management of the affairs and business of a coal mine, the right, title and interest of an owner in relation to which have vested in the Central Government under section 3, shall,-- (a) in the case of a coal mine in relation to which a direction has been made by the Central Government under sub-section (1) of section 5, vest in the Government company specified in such direction, or (b) in the case of a coal mine in relation to which no such direction has been made by the Central Government, vest in one or more Custodians appointed by the Central Government under sub-section (2), and thereupon the Government company so specified or the Custodian so appointed, as the case may be, shall be entitled to exercise all such powers..... View Complete Act List Judgments citing this sectionTitle : Preliminary
State : Central
Year : 1973
(1) This Act may be called the coal Mines (Nationalisation) Act, 1973. (2) The provisions of sections 30 and 31 shall come into force at once and the remaining provisions of this Act shall be deemed to have come into force on the 1st day of May, 1973. 1[1A. Declaration as to expediency of Union control.-(1) It is hereby declared that it is expedient in the public interest that the Union should take under its control the regulation and development of coal mines to the extent hereinafter provided in sub-sections (3) and (4) of section 3 and sub-section (2) of section 30. (2) The declaration contained in sub-section (1) is in addition to, and not in derogation of, the declaration contained in section 2 of the Mines and Minerals (Regulation and Development) Act, 1957.] ..... View Complete Act List Judgments citing this sectionTitle : Payment of Amount
State : Central
Year : 1973
1[(1)] The owner of every coal mine or group of coal mines specified in the second column of the Schedule shall be given by the Central Government, in cash and in the manner specified in Chapter VI, for the vesting in it, under section 3, of the right, title and interest of the owner in relation to such coal mine or group of coal mines, an amount equal to the amount specified against it in the corresponding entry in the fifth column of the Schedule. 1[(2) For the removal of doubts, it is hereby declared that the amount specified in the fifth column of the Schedule against any coal mine or group of coal mines specified in the second column of the said Schedule and required to be given by the Central Government to its owner under sub-section (1) shall be deemed to include, and deemed..... View Complete Act List Judgments citing this sectionTitle : Schedule
State : Central
Year : 1973
THE SCHEDULE [Sections 3, 8 and 18] Sl. No. Name of the mine Location of the mine Name and address of owners of the mine Amount (in rupees) 1 2 3 4 5 ASSAM Jeypore Coal field 1. Bimalpore ... Post Office Sibsagar Bimalpore Collieries Limited, Post Office, Sibsagar. 4,000 2. Dilli . ... Post Office Banhat, Sibasagar Dilli Collieries Association Limited, Post Office Tinsukia. 4,000 3. Jeypore ... Post Office Namrup Jeypore Collieries (Private) Limited, Post Office Namrup. 75,000 Makum Coalfield, Lakhimpur 4. ..... View Complete Act List Judgments citing this sectionTitle : Provisions Relating to Employees of Coal Mines
State : Central
Year : 1973
1[14. Liability of officer or other employee of a coal mine for transfer to any other coal mine.-- Notwithstanding anything contained in the Industrial Disputes Act, 1947, or in any other law for the time being in force, the services of any officer or other employee employed in a coal mine shall be liable to be transferred to any other coal mine and such transfer shall not entitle such officer or other employee to any compensation under this Act or any other law for the time being in force and no such claim shall be entertained by any Court, tribunal or other authority.] ________________________ 1. Substituted by the Coal Mines Nationalisation Laws (Amendment) Act (57 of 1986), Section. 14 (w.r.e.f. 1-5-1973). Section 15 - Provident and other funds (1) Where a coal mine has..... View Complete Act List Judgments citing this section