Honorable Supreme Court of India has issued judgement today on illegal iron ore mining case in the state of Odisha. As per the update received the Apex court has imposed 100% penalty on price of the mineral as rationalized by Central Empowered Committee (CEC).
In a common cause notice issued to Odisha based merchant miners, they were alleged of excess production beyond the granted EC (Environmental Clearance) limits.
Another specific issue involved in the case hearing is impact of Rule 37 of the Mineral Concession Rules, 1960. Rule-37 of Mineral Concession Rules debars any lessee to assign, sub-let, mortgage or in any other manner transfer the mining lease or any right, title or interest therein without previous written consent of the state government.
The mining issues related to lifting of stocks by JSPL from Sarda mines and related to Essel Mining shall be heard separately after few weeks.
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