LawgistThe Public Sector Iron and Steel Companies (Restructuring) and Miscellaneous Provisions Act
18Compensation for transfer not payable
Notwithstanding anything contained in the Industrial Disputes Act, 1947 (14 of 1947), or in any other law for the time being in force, the transfer of services of any officer or other employee shall not entitle such officer or other employee to any compensation under that Act or under any other law for the time being in force and no claim for such compensation shall be entertained by any court, tribunal or other authority.
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PROVISIONS RELATING TO OFFICERS AND EMPLOYEES
- 14 Provisions relating to officers and other employees of dissolved companies
- 15 Provisions relating to officers and employees of transferred units
- 16 Provisions relating to directors
- 17 Provision relating to auditors
- 18 Compensation for transfer not payable
- 19 Provident Fund
- 20 Gratuity, welfare and other funds
