Title : Notice to Owners of Coal Mines and Managing Contractors, Etc
State : Central
Year : 1973
1[25A. Notice to owners of coal mines and managing contractors, etc.-- (1) After meeting the liabilities of persons whose claims have been admitted under this Act, the Commissioner shall notify, in such manner as he may think fit, the amount of money available with him and specify in such notification a date within which the owners of the coal mines, the managing contractors and the owners of any machinery, equipment or other property which has vested in the Central Government or a Government company under this Act and which does not belong to the owners of the coal mines may apply to him for payment. (2) Where any application is made under sub-section (1), the Commissioner shall, after satisfying himself as to the right of the applicant to receive the whole or any part of the..... View Complete Act List Judgments citing this sectionTitle : Priority of Claims in Relation to Arrears of Providend Fund, Etc
State : Central
Year : 1973
(1) Every person employed by the owner of coal mine or group of coal mines may make a claim to the Commissioner to the effect that the sums deducted under sub-section (4) of section 7 of the Coal Mines (Taking Over of Management) Act, 1973, are not sufficient to meet fully the amount of arrears due to him, on the appointed day within the meaning of that Act, from the owner of such coal mine or group of coal mines,-- (a) in relation to a providend fund, pension fund, gratuity fund or any other fund established for the welfare of the persons employed by the owner of a coal mine or group of coal mines, or (b) as wages, and that a sum equal to the deficiency may be recovered from the amount specified in the Schedule against the owner of such coal mine or group of coal mines. (2)..... View Complete Act List Judgments citing this sectionTitle : Penalties
State : Central
Year : 1973
1[(1)] Any person who,-- (a) having in his possession, custody or control any property forming part of the undertaking of any coal mine referred to in the Schedule wrongfully withholds such property from the Central Government or the Government company, or (b) wrongfully obtains possession of, or retains, any property forming part of the undertaking of any coal mine specified in the Schedule or wilfully withholds or fails to furnish to the Central Government or any coal mine which may be in his possession, custody or control or fails to deliver to the Custodian any assets, books of account, registers or other documents in his custody relating to the coal mine in respect of which a Custodian has been appointed, or (c) wrongfully removes or destroys any property of any coal mine or..... View Complete Act List Judgments citing this sectionTitle : Mining Companies Not to Be Wound Up by the Court
State : Central
Year : 1973
No proceeding for the winding up of a mining company, the right, title and interest in relation to the coal mine owned by which have vested in the Central Government or a Government company under this Act or for the appointment of a receiver in respect of the business of the company, shall lie in any Court except with the consent of the Central Government. View Complete Act List Judgments citing this sectionTitle : Short Title and Commencement
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 : Validation of Certain Collections
State : Central
Year : 1973
1[19A. Validation of certain collections.-- (1) Not withstanding anything contained in section 2 as amended by section 10 of the Coal Mines Nationalisation Laws (Amendment) Act, 1978, any money collected by the Central Government or the Government company during the period commencing on the appointed day and ending with the date specified under sub-section (3) of section 19 shall be deemed to have been validly collected by the Central Government or the Government company, as the case may be, and any such money shall be appointed in accordance with the provisions of section 19. (2) Any money collected as aforesaid shall not be called in question in any court of law.] ________________________ 1. Inserted by the Coal Mines Nationalisation Laws (Amendment) Act (22 of 1978), Section...... View Complete Act List Judgments citing this sectionTitle : Payment of Further Amount
State : Central
Year : 1973
(1) In consideration of the retrospective operation of the provisions of sections 3, 4 and 5, there shall be given by the Central Government, in cash, to the owner of every coal mine or group of coal mines specified in the Schedule, an amount equal to the amount which would have been, but for the provisions of the said sections 3, 4 and 5, payable to such owner under the coal Mines (Taking Over of Management) Act, 1973, for the period commencing on the 1st day of May, 1973, and ending on the date on which this Act receives the assent of the President. (2) In addition to the amount referred to in sub-section (1), there shall be given by the Central Government, in cash, to the owner of every coal mine or group of coal mines specified in the Schedule, simple interest at the rate of four..... View Complete Act List Judgments citing this sectionTitle : 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 : Priority in Relation to Other Claims
State : Central
Year : 1973
(1) Save as otherwise provided in section 21, every secured debt due from the owner of a coal mine or group of coal mines shall have priority over all other debts and shall be paid in accordance with the rights and interest of the secured creditors. (2) Notwithstanding anything contained in any other law for the time being in force, there shall be paid in priority to all other unsecured debts, not being the amounts advanced by the Central Government or the Custodian appointed under the Coal Mines (Taking Over of Management) Act, 1973, for the management of the coal mine,-- (a) all sums due to the State Government including royalty and dead rent; (b) all amounts due in respect of any compensation or liability for compensation under the Workmen's Compensation Act, 1923, in respect..... View Complete Act List Judgments citing this sectionTitle : Recovery of Excess Payments Made by Central Government or Custodian
State : Central
Year : 1973
1[25. Recovery of excess payments made by Central Government or Custodian.-- Any amount in excess of payments over receipts in the statement of accounts prepared under section 19 shall be deemed to be an amount advanced by the Central Government or the Custodian, as the case may be, for the management of a coal mine during the period in which the management of such coal mine remained vested in the Central Government and the Central Government may make a claim to the Commissioner for such excess payment and such claim shall have priority over the claims of all other unsecured creditors of the claim mine, including those referred to in sub-section (2) of section 22. Explanation.-- In this section "Custodian" means the Custodian appointed under the Coal Mines (Taking Over of..... View Complete Act List Judgments citing this section