A division bench here comprising justices U V Bakre and Ranjit More directed the state government to execute the lease deeds under Mines and Minerals Development Regulation (MMDR) Act.
The petition was filed by the aggrieved mining lease owners.
The state government had collected the stamp duty from these 28 mining leases, much before the Supreme Court judgement which had raised question mark on the non-renewed leases through its judgement in April.
The bench also directed the state to expeditiously decide on the renewal applications of those lease holders who have not paid the stamp duty, preferably within a period of three months from the date of receipt of copy of this order.
The ban was subsequently lifted in April 2014 by the Supreme Court which asked the state government to decide on the mining leases, which were not renewed till 2007.
"The Supreme Court has neither declared section 8 (3) of the MMDR act (under which the stamp duty was collected) invalid nor unconstitutional, nor has taken section 8(3) of the statute book. On the contrary, the supreme court has affirmed the power of the state government to grant second renewal of the leases under section 8(3) of the MMDR Act," the bench said in its order.
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
