‘Claim for mining lease not fundamental right’

The Supreme Court of India has ruled that no private company can claim a right for mining leases and upheld the 2005 decision of the Jharkhand government and the Centre cancelling nine such leases. Among those whose mining leases were cancelled included Monnet Ispat and Energy Ltd, which had signed an MoU with the state government in 2003 to set up an integrated steel plant in Hazaribagh district with a proposed investment of Rs 1,400 crore. http://timesofindia.indiatimes.com/india/Claim-for-mining-lease-not-fundamental-right/articleshow/15219978.cms?

 

 

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