12. Dissolution of the Coal Board.—(1) On the appointed day, the Coal Board, established under
section 4 of the Coal Mines (Conservation, Safety and Development) Act, 1952 (12 of 1952), shall stand
dissolved.
(2) On the dissolution of the Coal Board,—
(a) all rights and privileges of the Coal Board shall become the rights and privileges, respectively,
of the Central Government;
(b) the Central Government shall be deemed to be the lessee of all properties held by the Coal
Board, immediately before the appointed day, under any lease and that Government shall hold the
lease under the same terms and conditions under which the lease was held by the Coal Board;
(c) all other properties, movable and immovable, including cash balances, reserve funds,
investments and moneys lying to the credit of the Coal Mines Safety and Conservation Fund and the
Coal Development Fund, and all other rights and interests in, or arising out of, such properties as
were, immediately before the appointed day, in the ownership, possession power or control of the
Coal Board, and all books of account, registers, records and all other documents of whatever nature
relating thereto, shall vest in the Central Government;
(d) all borrowings, liabilities and obligations of the Coal Board, of whatever kind and subsisting
immediately before the appointed day, shall be deemed, on and from the appointed day to be the
borrowings, liabilities or obligations, as the case may be, of the Central Government;
(e) all contracts entered into, and all matters and things engaged to be done by, with or for, the
Coal Board and subsisting immediately before the appointed day, shall be deemed, on and from the
appointed day, to have been entered into or engaged to be done by, with or for, the Central
Government;
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(f) all licences and permits granted to the Coal Board and in force immediately before the
appointed day shall be deemed, on and from the appointed day, to have been granted to the Central
Government and shall have effect accordingly.
13. Power of Central Government to direct vesting of rights in a Government
company.—Notwithstanding anything contained in section 12, the Central Government may, if it is
satisfied that a Central Government company is willing to comply, or has complied with such terms and
conditions as that Government may think fit to impose, direct, by an order in writing, that the right, title
and interest of the Coal Board in relation to any property shall, instead of continuing to vest in it, vest in
the Government company either on the date of publication of the direction or on such earlier or later date
(not being a date earlier than the appointed day) as may be specified in the direction, and on such vesting
the liability or obligation, as the case may be, of the Coal Board in relation to such property shall, instead
of continuing to be the liability or obligation of the Central Government, become the liability or
obligation, as the case may be, of the Government company.
14. Continuation of suits, etc., against the Central Government.—(1) If, on the appointed day, any
suit, appeal or other proceeding of whatever nature in relation to the Coal Board is pending by or against
such Board, the same shall not abate, be discontinued or be in any way prejudicially affected by reason of
the dissolution of the Coal Board; but the suit appeal or other proceeding may be continued, prosecuted
and enforced by or against the Central Government or the Government company in which the property of
the Coal Board has become vested, as the case may be.
(2) Where, before the appointed day, any cause of action for any suit or proceeding or any right to
appeal arose in favour of, or against, the Coal Board, and the institution of any suit or proceeding on such
cause of action or the filing of such appeal was not barred before the appointed day, such suit or
proceeding may be instituted or appeal may be filed by or against the Central Government or the
Government company referred to in sub-section (1), as the case may be.
15. Transfer of service of existing employees of Coal Board.—(1) Notwithstanding anything
contained in any other law for the time being in force or in any contract to the contrary, every officer or
other employee of the Coal Board shall, on and from the appointed day, become an officer or other
employee, as the case may be, of such Government company or organisation as the Central Government
may, in writing, specify and shall hold his office or service in such Government company or organisation,
as the case may be, on the same terms and conditions and with the same rights to pension, gratuity and
other matters as would have been admissible to him if the Coal Board had not been abolished, and shall
continue to do so unless and until his employment in the Government company or organisation is
terminated or until his remuneration or terms and conditions of service are duly altered by the
Government company or organisation, as the case may be:
Provided that the tenure, remuneration and other terms and conditions of service of any such officer
or other employee shall not be altered to his disadvantage except with the previous approval of the
Central Government or without such approval, except as a measure of punishment, under the rules of the
Government company or the organisation concerned.
(2) Where any officer or other employee of the Coal Board becomes, under sub-section (1), an officer
or other employee of any Government company or organisation, the period of service rendered, or
deemed to have been rendered, by him under the Coal Board before the appointed day shall be deemed,
for the purposes of fixation of pay and other emoluments, pension and other retirement benefits, to be the
period of service rendered by him under the said Government company or organisation, as the case may
be, as if the Government company or the organisation were in existence during the said period.
16. No compensation to be paid for the transfer of services of any officer or other
employee.—Notwithstanding anything contained in any other law for the time being in force, the transfer
of the services of any officer or other employee from the Coal Board to any Government company or
organisation shall not entitle such officer or other employee to any compensation under this Act or under
any other law for the time being in force and no such claim shall be entertained by any court, tribunal or
other authority.