(2) As from the commencement of this Ordinance, there shall be established a Board, to be caHed the Coal Board, and such Board shall be a body corporate having perpetual succession and a common seal and shall by the said name sue and be sued.
(2) The Board shall consist of a Chairman and such number of other members, not exceeding four, as the Central Government may think fit to appoint and the members (including the Chairman) shall hold office during the pleasure of the Central Government:
Provided that the Chairman or any other member of the Board may resign his office by giving notice in writing to the Central Gov ernment and shall, on such resignation being accepted by that Gav- ' ernment, be deemed to have vacated his office.
SEO. I] THE GAZETTE OF INDIA EXTEAORDINARY 3
(3) No act or proceeding of the Board shall be invalid by reason only of the existence of any vacancy amongst its members (including the Chairman) or any defect in the constitution thereof.