SC to hear in April plea by Vedanta group seeking resumption of iron-ore mining in Goa

By: |
February 10, 2020 8:53 PM

Solicitor General Tushar Mehta, appearing for the Centre, said he was "fully endorsing" the interpretation given by senior advocate Harish Salve, the counsel for the company of the statute, on the extension of mining lease.

The Bombay High Court had rejected Vedanta’s plea for directions to the Goa government to consider its representation for extension of mining lease.

The Supreme Court Monday said it would hear in April the plea of Vedanta Ltd seeking its nod to restart iron ore mining in Goa. A bench, comprising Chief Justice S A Bobde and Justices B R Gavai and Surya Kant, was told by Vedanta that as per the Mines and Minerals (Development and Regulation) Act, 1957, its iron ore mining lease would be extended for a period of 50 years from 1987 to 2037. Solicitor General Tushar Mehta, appearing for the Centre, said he was “fully endorsing” the interpretation given by senior advocate Harish Salve, the counsel for the company of the statute, on the extension of mining lease.

Lawyer Prashant Bhushan, appearing for NGO ‘Goa Foundation’, vehemently opposed the submissions and said that the apex court, in its two judgements, has cancelled the mining lease of various companies. Moreover, the NGO has not been supplied with the copy of the petition by the company, he said. The court said it will hear arguments by the NGO also in the case filed by Vedanta group firm. Earlier, the court had issued notices to the Centre and the state government on the plea filed by Vedanta Ltd seeking extension of iron ore mining lease in Goa till 2037.

Prior to this, the Bombay High Court had rejected Vedanta’s plea for directions to the Goa government to consider its representation for extension of mining lease. The decision was challenged by the company in the top court. The apex court had on January 30 permitted mining firms to transport “royalty paid” iron ore, mined prior to March 15, 2018 in Goa. It had taken note of the legislative policy and had directed the mining firms that all “such transportation shall be completed within a period of six months from today”.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1IPL 2020: Where to watch IPL matches online and all you need to know
2Emami’s e-commerce business grows 108% so far in FY21
3HERE Data Layers: The value of location as a service