Amendment status not verified — confirm the current text below against the official source.
Contznuance of employees.-( 1) Every person who has been, imme- diately before the appomted day, employed m any undertaking of the Com- pany shall bccomc,- (a) on and fr~m the appomted day, an employee of the Government, and (b) whei·e the undertakmgs of the Company are directed under sub-sectiOn (I) of ~ect10n 6 to vest m a Gov~rnment Company, an employee of the Government Company on and from the date of such vestmg, and shall hold office or service under the Government or' the Government Company, as the case may be, wtth the same rights and privileges as to pension, gra- tuity and other matters as would have been admissible to htm if there had been no such vestmg and shall continue to do so unless and until his employ- ment under the~Government or the Government Company, from as the case may be, is duly terminated or until his remuneration and other conditiOns of servtce arc duly altered by the Government or the Government Company, as the case may be. -&_ -, 17 (2) Notwithstanding artytlung contained in the Industrial Disputes Act, 1947 (Central Act 14 of 1947), or m any other law for the ume bemg in force, the transfer of the services of any officer or other person employed in any undertaking of the Company to the Government or the Government Company shall not entitle such officer or other employee to any compensatiOn -... under this Act or unaer any other law for the ume bemg m force and no such claim shall be entertained by any court, tnbunal or other authonty.