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Section 13 - Coal Mines (Special Provisions) Act, 2015
The Coal Mines (Special Provisions) Act, 2015
13. Void alienations and permitted security interests.-
Any and all alienations of land and mine infrastructure and creation of any encumbrances of whatsoever nature thereon which relate to Schedule I coal mines, made by any prior allottee after the 25th day of August, 2014 shall be void, save and except any registered security interest and charge over the land and mine infrastructure as registered by a bank or a financial institution or any other secured lender.
Related Sections
- Section 4: Eligibility to participate in auction and payment of fees
- Section 5: Allotment of mines to Government companies or corporations
- Section 19: Powers and functions of designated custodian in respect of Schedule II coal mines
- Section 9: Priority of disbursal of proceeds
- Section 6: Central Government to act through nominated authority
Related Acts
* Only for reference.