Section 134
Payment of compensation or damages on transfer.
About this Act
An Act to consolidate the laws relating to generation, transmission, distribution, trading and use of electricity and generally for taking measures conducive to development of electricity industry, promoting competition therein, protecting interest of consumers and supply of electricity to all areas, rationalisation of electricity tariff, ensuring transparent policies regarding subsidies, promotion of efficient and environmentally benign policies, constitution of Central Electricity Authority, Regulatory Commissions and establishment of Appellate Tribunal and for matters connected therewith or incidental thereto.
Notwithstanding anything contained in
the Industrial Disputes Act, 1947 (14 of 1947) or any other law for the time being in force and except for
the provisions made in this Act, the transfer of the employment of the officers and employees referred to
in sub-section (1) of section 133 shall not entitle such officers and employees to any compensation or
damages under this Act, or any other Central or State law, save as provided in the transfer scheme.