CHAPTER III
TRANSFER OF ASSETS, LIABILITIES ETC, OF ENERGY
MANAGEMENT CENTRE TO BUREAU
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(1) On and from the date
of establishment of the Bureau - |
Transfer
of assets, liabilities and employees of Energy Management
Centre |
| (a) any reference
to the Energy Management Centre in any law other than
this Act or in any contract or other instrument shall
be deemed as a reference to the Bureau |
| (b) all properties
and assets, movable and immovable of, or belonging
to, the Energy Management Centre shall vest in the
Bureau; |
| (c) all the rights
and liabilities of the Energy Management Centre shall
be transferred to, and be the right and liabilities
of, the Bureau; |
| (d) without prejudice
to the provisions of clause (c), all debts, obligations
and liabilities incurred, all contracts entered into
and all matters and things engaged to be done by,
with or for the Energy Management Centre immediately
before that date for or in connection with the purposes
of the said Centre shall be deemed to have been incurred,
entered into, or engaged to be done by, with or for,
the Bureau; |
| (e) all sums of money
due to the Energy Management Centre immediately before
that date shall be deemed to be due to the Bureau; |
| (f) all suits and
other legal proceedings instituted or which could
have been instituted by or against the Energy Management
Centre immediately before that date may be continued
or may be instituted by or against the Bureau; and
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| (g) every employee
holding any office under the Energy Management Centre
immediately before that date shall hold his office
in the Bureau by the same tenure and upon the same
terms and conditions of service as respects remuneration,
leave, provident fund, retirement or other terminal
benefits as he would have held such office if the
Bureau had not been established and shall continue
to do so as an employee of the Bureau or until the
expiry of six months from the date if such employee
opts not to be the employee of the Bureau within such
period. |
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(2) Not withstanding anything contained
in the Industrial Disputes Act, 1947 or in any other
law for the time being in force, the absorption of
any employees by the Bureau in its regular service
under this section shall not entitle such employees
to any compensation under that Act or other law and
no such claim shall be entertained by any court, tribunal
or other authority. |
14 Of1947 |
