An Act to empower the Central Government to direct the transfer of the land, or of the rights in or over land or of the right, title and interest in relation to a coal mine, coking coal mine or coke oven plant, vested in the Coal India Limited or in a s bsidiary company to any subsidiary company of Coal India Limited or any other subsidiary company and to validate certain transfers of such land or rights.
BE it enacted by Parliament in the Fifty-first Year of the Republic of
India as follows:-
1. Short title.-This Act may be called the Coal India (Regulation of
Transfers and Validation) Act, 2000.
2. Definitions.-In this Act, unless the context otherwise requires,-
(a) “Coal India” means the Coal India Limited, a Government company incorporated under the Companies Act, 1956 (1 of 1956) having its registered office at Calcutta and includes its predecessor Government company, namely, the Coal Mines Authority Limited;
(b) “subsidiary company” means the following subsidiary companies of
Coal India, namely:-
(i) the Central Coal Fields Limited, Ranchi and includes its predecessor Government company, namely, the National Coal Development
Corporation Limited, Ranchi;
(ii) the Bharat Coking Coal Limited, Dhanbad;
(iii) the Western Coal Fields Limited, Nagpur;
(iv) the Eastern Coal Fields Limited, Sanctoria;
(v) the Central Mine Planning and Design Institute Limited, Ranchi;
(vi) the South-Eastern Coal Fields Limited, Bilaspur;
(vii) the Northern Coal Fields Limited, Singrauli;
(viii) the Mahanadi Coal Fields Limited, Sambalpur. and includes such other subsidiary company of Coal India as may be incorporated under the Companies Act, 1956 (1 of 1956) from time to time;
(c) words and expressions used herein and not defined but defined in the Coking Coal Mines (Nationalisation) Act, 1972 (36 of 1972) or the
Coal Mines (Nationalisation) Act, 1973 (26 of 1973), shall have the meanings, respectively, assigned to them in tho e Acts.
3.Power of Central Government to direct transfer of land, rights, titleor interest.3. Power of Central Government to direct transfer of land, rights,title or interest.-(1) Notwithstanding anything c
4.Validation of certain transfers.
4. Validation of certain transfers.-A subsidiary company which was operating, or was in control of, any coal mine, coking coal mine, or coke oven plant which was vested in the Coal India or any other subsidiary company immediately before the commencement of this Act, shall be deemed to have been vested with the land or rights in or over such land or the right, title and interest in relation to such coal mine, coking coal mine or coke oven plant and such vesting shall be deemed to have been valid and effe tive at all material times as if a direction had been made by the Central Government under sub-section
(1) of section 3 and accordingly no suit or other proceeding shall be instituted, maintained or continued in any court on the ground that such subsidi ry company was not competent to operate or control such coal mine, coking coal mine or coke oven plant.