Coal Mines (Taking Over of Management) Act,1973
Act No : 15
Section : CONTRACTS, ETC., IN BAD FAITH OR DETRIMENTAL MAY BE CANCELLED OR VARIED
SECTION 15: CONTRACTS, ETC., IN BAD FAITH OR DETRIMENTAL MAY BE CANCELLED OR VARIED
(1) Every person with whom the owner or occupier of any coal mine has, before the appointed day. entered into any contract for any service (other than a contract of employment), sale or supply shall, within fifteen days from the date on which this Act receives the assent of the President, intimate to the Central Government the particulars of such contract and if any default is made in giving such intimation, such contract shall, on the expiry of the said period of fifteen days, be voidable at the option of the Central Government.
(2) If the Central Government is satisfied, after such inquiry as it may think fit, that any contract or agreement between the owner, agent or manager of a coal mine and any other person, in so far as such contract or agreement relates to the coal mine, has been entered into in bad faith, or is detrimental to the interests of the coal mine, it may make an order cancelling or varying (either unconditionally or subject to such conditions as it may think fit to impose) such contract or agreement and thereafter the contract or agreement shall have effect accordingly:
Provided that no contract or agreement shall be cancelled or varied except after giving to the parties to the contract or agreement a reasonable opportunity of being heard.
(3) Any person aggrieved by an order made under sub-section (2) may make an application to the principal Court of civil jurisdiction within the local limits of whose jurisdiction the head office of the coal mine is situated for the variation or reversal ofsuch order and thereupon such Court may, confirm, modify or reverse such order.
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