Section 9. Priority of disbursal of proceeds

9. Priority of disbursal of proceeds. --[2] [The compensation for land and mine infrastructure in relation to a Schedule I coal mine as valued in accordance with section 16 shall be deposited by the successful bidder or allottee with the nominated authority and shall be disbursed maintaining, inter alia , the following priority of payments and in accordance with the relevant laws and such rules as may be prescribed.]— (a) payment to secured creditors for any portion of the secured debt in relation to a Schedule I, coal mine which is unpaid as on the date of the vesting order; (b)[3] [amount payable] to the prior allottee in respect of the Schedule I coal mine.