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

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

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 http://vvmineralblog.wordpress.com

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 http://vvmineral.wordpress.com

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 http://vvmineralmining.wordpress.com

This time the supreme Court is very firm regarding their decision and all violators will be penalized http://vvmineral-mining.blogspot.in

The court’s 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. http://vvmineralmining.blogspot.in

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 threefour years and companies like VV Minerals were suffering in the process.

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 http://vvmineralblog.wordpress.com

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