Supreme Court’s Judgement Brings Relief To Companies Like VV Minerals

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Supreme Courts Judgement Brings Relief To
Companies Like VV Minerals
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The Supreme Court of India has finalised a
28-month deadline for the central and state
governments to settle on applications seeking
for renewal of their mining leases or
environmental clearances
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To meet this deadline a special bench which will
be headed by Justice JS Kehar, will assign duties
to various officers at different levels to deal
with the applications
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This decision is welcomed by VV Mineral,
Vaikundarajan as the delay in such processes lead
to a lot of losses that affect the entire industry
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This time the supreme Court is very firm
regarding their decision and all violators will
be penalized
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The courts directions are based on suggestions
made by the SC-appointed Centrally Empowered
Committee (CEC), the Ministry of Environment and
Forest (MoEF) and advocate ADN Rao, who is
assisting the green bench dealing with
environment related cases.
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The order came on a petition filed by the
Federation of Indian Minerals Industry (FIMI),
which complained that statutory clearances were
pending with either the Centre or states for
three-four years and companies like VV Minerals
were suffering in the process.
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Personalities like Mr. V Subramanian, the
Director of VV Minerals will also be glad knowing
about this judgment passed by the Supreme Court
as it really help in developing a healthy
business environment in the heavy mineral mining
industry
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V V Minerals Blogs
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Social Media
https//www.facebook.com/vvmineralmining
https//twitter.com/vvmineralsindia
https//plus.google.com/b/115427745398374600571
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THANK YOU