Section 13. Void alienations and permitted security interests
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Act
Coal Mines (Special Provisions) Act, 2015
Section number
13
Section reader
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.
