Business Standard
Sunday, May 27, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Earth is minor minerals
BS Reporter / New Delhi Nov 16, 2009, 00:09 IST

The Supreme Court (SC) last week dismissed the appeals of Som Datt Builders Ltd against the Allahabad high court judgement raising the question if ‘ordinary earth’ used for filling or levelling in construction of embankments, roads, Railways and building are ‘minor minerals’ inviting royalty. The Centre, in a 2000 notification under the Mines and Minerals (Development and Regulation) Act, has specified minor minerals as an item which attracted royalty. The company in this case entered into a contract with the National Highway Authority of India for widening G T Road in Kanpur region. It bought earth from the farmers and land holders. The Centre demanded royalty on the earth, claiming it to be minor minerals. The company moved the high court which dismissed its petitions. It appealed to the SC.

Fishing not seasonal industry

The SC last week ruled fishing is not a seasonal industry and therefore, the workers employed on daily wages cannot be treated as seasonal labour. The court dismissed the appeal of the Gujarat Fisheries Terminal Division ordered by the high court to reinstate a worker with 20 per cent back wages. The state had abolished daily wage workers and in lieu of it asked industries to hire labourers on contractual basis. Following this, a daily wage worker was terminated without notice and not following the rules of the Industrial Disputes Act. He moved the labour court. It asked the employer to absorb him with back wages. The high court upheld the order. 

Dismissed worker compensated

A loader of Oberoi Flight Services, dismissed for allegedly walking away with 30 KLM airlines spoons in his shoes, was awarded a compensation of Rs 2 lakh by the SC. The management dismissed him as he had admitted his guilt. But he challenged his dismissal in the labour court arguing his confession was under threat and coercion. It upheld the dismissal but awarded full back wages. On appeal, the Delhi high court found it difficult to believe that 30 spoons could be carried in a shoe from the security area. However, it upheld the dismissal with a compensation of Rs 60,000. The worker appealed to the SC which raised the compensation to Rs 2 lakh but he would not get back his job. 

Award set aside

The SC has set aside the award of an arbitrator on the ground of ‘legal misconduct’. There was a dispute between the Tamil Nadu Water Supply Board and a contractor, Satyanarayana Brothers, in the construction of Veeranam project, to supply water to Chennai city. Following disputes, two arbitrators and an umpire were appointed. Their award was not acceptable to either parties and a retired SC judge was appointed as the sole arbitrator. However, both parties were aggrieved by his award also. Both of them alleged that there was ‘legal misconduct’ on his part.

The SC agreed with this and appointed a new sole arbitrator, Justice Shivraj Patil, who is again a retired judge of the same court. The Bombay high court last week quashed the Maharashtra government’s industrial policy notification of 2007 and directed the government to grant full exemption in the payment of electricity duty for the period from 1/4/2000 to 30/4/2005 to a large number of big industries which have their own captive power generation plants.

The Government of Maharashtra announced its Industrial Policy some time in early 1993 and proposed not to charge electricity duty on the power generated by the captive power plants and its utilization. However, the government withdrew it in 2000. This was challenged by Reliance Industries, Mukand Ltd, Jindal Poly Films Ltd, Graphite India Ltd and Lupin Ltd, among others. The court allowed their writ petitions and set aside the demand notices.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- Turbulence ahead for airlines despite oil price drop
- Weak rupee may bring cheer to NRIs, expats
- LIC buys PSU stocks, sells pvt sector blue-chips in Q4
- Banks may lower deposit rates as inflation eases: Report
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- India to guarantee safe gas transit from Tapi
- Air India pilots wanted a halt to command training of IA pilots
- Pak players likely to be part of IPL 2013
- EGoM to now decide on base price for spectrum auction
- New power equation in BJP
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us