Title : Superannuation Fund, Etc., to Be Distributed to Employees Whose Employment Becomes Terminated Under This Act
State : Central
Year : 1973
Where the employment of an employee stands terminated by reason of sub-section (3) of section 14 and such employee is not employed by the owner of the coal mine in any of his other establishments such owner shall pay to such employee the amount standing at his credit in the provident fund and also pay him the amounts due to him as superannuation, welfare and other benefits admissible to him as if the employee had superannuated or his service with the coal mine had terminated on the day immediately preceding the specified date. View Complete Act List Judgments citing this sectionTitle : Commissioner of Payments to Be Appointed
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 : Disbursement of Money by the Commissioner to Claimants
State : Central
Year : 1973
Where, after meeting the claims admitted by him, of secured creditors, and unsecured creditors having priority under sub-section (2) of section 22, the total amount of claims of other unsecured creditors admitted by the Commissioner does not exceed the total amount of the money credited to the account of a coal mine, every such admitted claim shall be paid in full and the balance, if any, shall be paid to the owner, but where such amount is insufficient to meet in full the total amount of the admitted claims, all such claims shall abate in equal proportions and be paid accordingly. View Complete Act List Judgments citing this sectionTitle : Provident and Other Funds
State : Central
Year : 1973
(1) Where a coal mine has established a provident fund, superannuation, welfare, or other fund for the benefit of its employees, the monies relatable to the employees, whose services have become transferred by or under this Act to the Central Government or a Government company shall, out of the monies standing, on the appointed day, to the credit of such provident fund, superannuation, welfare or other fund, stand transferred to, and vest in, the Central Government or the Government company, as the case may be. (2) The monies which stand transferred, under sub-section (1), to the Central Government or a Government company shall be, dealt with by that Government or company, as the case may be, in such manner as may be prescribed. View Complete Act List Judgments citing this sectionTitle : Interest on Admitted Claims
State : Central
Year : 1973
1[24A. Interest on admitted claims.-- Notwithstanding any award, decree or order of any Court, tribunal or other authority, passed before the appointed day, in relation to any coal mine, where any amount is payable in respect of a claim admitted under this Act, the interest payable on such amount for any period after appointed day shall be at such rate not exceeding the rate of interest accruing on any amount deposited by the Commissioner under section 18.] ________________________ 1 . Inserted by the Coal Mines Natioalisation Laws (Amendment) Act (22 of 1978), Section. 16 (w.r.e.f. 1-5-73). View Complete Act List Judgments citing this sectionTitle : Power to Make Rules
State : Central
Year : 1973
(1) The Central Government may by notification, make rules to carry out the provisions of this Act. (2) In particular and without prejudice to the generality of the foregoing power such rules may provide for all or any of the following matters namely : (a) the manner in which the coal mine shall be managed by a Government company or a Custodian; (b) the manner in which monies in any provident or other fund referred to in section 15 shall be dealt with; (c) the form and manner in which the statement of accounts referred to in section 19 shall be prepared : (d) any other matter which is required to be or may be prescribed. (3) Every rule made by the Central Government under this Act shall be laid as soon as may be after it is made before each House of Parliament while it is in..... View Complete Act List Judgments citing this sectionTitle : Application of Sections 5 and 12 of the Limitation Act
State : Central
Year : 1973
1[23A. Application of sections 5 and 12 of the Limitation Act.-- The provisions of sections 5 and 12 of the Limitation Act, 1963, shall, so far as may be, apply to appeals under section 23.] ________________________ 1 . Inserted by Coal Mines Natioalisation Laws (Amendment) Act (22 of 1978), Section. 15 (27-5-78). View Complete Act List Judgments citing this sectionTitle : Properties Vested in the Central Government to Be Freed from Mortgages Etc
State : Central
Year : 1973
(1) All property which vests in the Central Government or in a Government company under this Chapter shall, by force of such vesting, be freed and discharged from any trust, obligation, mortgage, charge, lien and all other incumbrances affecting it and any attachment, injunction or decree or order of any court restricting the use of such property in any manner shall be deemed to have been withdrawn. (2) Every mortgagee of any property which has vested under this Act in the Central Government or a Government company, and every person holding any charge, lien or other interest in or in relation to any such property shall give, within such time and in such manner as may be prescribed, an intimation to the Commissioner of such mortgage, charge, lien or other interest. (3) For the..... View Complete Act List Judgments citing this sectionTitle : Power to Remove Difficulties
State : Central
Year : 1973
If any difficulty arises in giving effect to the provisions of this Act, the Central Government may by order not inconsistent with the provisions of this Act remove the difficulty : Provided that no such order shall be made after the expiry of a period of two years from the appointed day. View Complete Act List Judgments citing this sectionTitle : Effect of This Act on Other Laws
State : Central
Year : 1973
This provisions of this Act shall have effect notwithstanding anything inconsistent therewith contained in any other law for the time being in force or in any instrument having effect by virtue of any law other than this Act, or in any decree or order of any court, tribunal or other authority. View Complete Act List Judgments citing this section