The Supreme Court will pronounce its verdict on cancellation of coal allocation blocks and issues relating to the de- allocation of those blocks without environmental clearance.
It may be mentioned that a CAG report on coal block allocation had stated that nearly 150 coalfields were allotted to private and state-run firms without transparency and objectivity between 2005 and 2009.
The coal blocks were alloted in Jharkhand, Chattisgarh, Maharashtra, West Bengal, Odisha and Madhya Pradesh to private companies and parties.
The Bench headed by Chief Justice R.M. Lodha, had said in January this year, huge investments by companies could not be a ground for not cancelling the licence.
After the centre de-allocated 40 coal blocks, the court had further suggested de-allocation of 29 blocks allotted to private companies as well.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
