The Coal Mines (Special Provisions) Act, 2015
The Coal Mines (Special Provisions) Act, 2015
The Coal Mines Special Provisions Act regulates the reallocation of coal mines in India following a Supreme Court decision that cancelled previous allocations. It applies to private bidders, government companies, joint ventures, and former mine owners affected by the cancellations. The law defines a transparent process to auction and allot these mines, transfer infrastructure, and settle outstanding debts or compensation. This framework is crucial because it prevents severe energy shortages and ensures the uninterrupted, scientific extraction of coal needed to fuel key national industries like power generation, steel manufacturing, and cement production, while maintaining stable economic growth across the country.
Chapter I PRELIMINARY →
- 1Short title, extent and commencement
- 2Declaration as to expendiency of Union action
- 3Definitions
- 4Eligibility to participate in auction and payment of fees
- 5Allotment of mines to Government companies or corporations
- 6Central Government to act through nominated authority
- 7Power to classify certain Schedule I coal mines by Central Government
- 8Nominated authority to issue vesting order or allotment order
- 9Priority of disbursal of proceeds
- 10Utilisation of movable property used in coal mining operations
- 11Discharge or adoption of third party contracts with prior allottees
- 12Provisions in relation to secured creditors
- 13Void alienations and permitted security interests
- 14Liabilities of prior allottees
- 15Commissioner of payments to be appointed and his powers
- 16Valuation of compensation for payment to prior allottee
- 17Responsibility of Central Government after appointed date
- 18Central Government to appoint designated custodian
- 19Powers and functions of designated custodian in respect of Schedule II coal mines
Chapter V CERTAIN ARRANGEMENTS →
Chapter VI MISCELLANEOUS →
- 21Acquisition of land
- 22Realisation of additional levy
- 23Penalties for certain offences
- 24Penalty for failure to comply with directions of Central Government
- 24AAdjudication of penalties.
- 24BAppeal.
- 25Offences by companies
- 26Cognizance of offences
- 27Dispute settlement and Bar of Jurisdiction of civil courts
- 28Protection of action taken in good faith
- 29Act to have overriding effect
- 30Amendment of certain Acts contained in Schedule IV
- 31Power to make rules
- 32Power to remove difficulties
- 33Repeal and saving
PDF: pending for this language.