Corporate Legal Accountability

Sub-Saharan Africa’s Economic Outlook 2025: Navigating Uncertainty and Aligning Policy for Sustainable Recovery

The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …

SC upholds ruling in Sandur case, rejects review

The Supreme Court today refused to review its September 13, 2010, ruling which had ruled that states cannot frame policies to allot mining leases outside the scheme laid down in the MMDR act and the mineral concession rules. A bench led by Justice P Sathasivam directed Karnataka to decide all …

SC’s Niyamgiri Ruling to Hit Govt Plans

The Supreme Court’s decision to let gram sabhas decide the fate of Vedanta’s Niyamgiri mining project will make it difficult for the government to divert forestland for industry without the consent of tribals and local population. The apex court’s ruling on Thursday puts gram sabhas or village assemblies virtually at …

49 mining leases cancelled in Karnataka

New Delhi: The Supreme Court today cancelled 49 leases in mines reporting maximum illegalities in Bellary, Tumkur and Chitradurga districts of Karnataka, but allowed resumption of activity in mines with lesser illegalities as recommended by a Central Empowered Committee (CEC). CEC had categorised the mines in the area in three …

HC directive to Govt on land acquired by cement plants

SHILLONG: The Gauhati High Court has asked the Meghalaya Government to strictly implement the directives of the Ministry of Environment & Forest pertaining to the violation of the Forest Conservation Act, 1980 by cement companies located in Jaintia hills. The Court also directed the State Government to undertake a joint …

Over 7,000 acres acquired in ‘excess’ for BMIC project

States government in a reply filed in Supreme Court In its additional reply filed before the Supreme Court on February 7, in a case pertaining to the Bangalore Mysore Infrastructure Corridor (BMIC) project, the State Government has said that it has acquired ‘excess’ land to the tune of 7,709 acres …

Supreme Court imposes Rs 100 crore fine on Sterlite Industries

India's top court imposed a fine of Rs 100 crore ($18.40 million) on Sterlite Industries for polluting environment through its copper smelting plant in Tamil Nadu The case is unrelated to a separate order that has shut the Tuticorin plant, India's largest, since last week following complaints of a gas …

SC concludes hearing in Posco mining case

Asks state, Posco and Geomin to give written submissions by Apr 5 The Supreme Court on Thursday concluded two year long hearing on a case related to grant of mineral prospecting licence (PL) for Khandadhar iron ore mines in favour of Posco and reserved the judgment. It has directed all …

CEC recommends SC to allow opening of Category B mines

The R&R; Plans have been prepared and approved by CEC for 51 mining leases comprising of 28 Category A and 23 Category B mining leases The ore-starved steel mills in Karnataka have some sweet news to cheer as the Supreme Court-appointed Central Empowered Committee (CEC), has recommended the resumption of …

SC grants relief to Mundra port units

Supreme Court on Friday stayed the Gujarat High Court order that halted commercial production at all 12 industrial units operating in the Adani group-owned Adani Port Special Economic Zone (APSEZ) in Mundra. A bench headed by Chief Justice Altamas Kabir, while issuing notice to the Centre through MoEF, APSEZ, Gujarat …

Uncertainty over mining case coming up before SC today

PANJIM/NEW DELHI: The Goa Foundation PIL which resulted in suspension of all mining operations in Goa is listed before the Forest Bench of the Supreme Court for Friday, but it may or may not come up as six other cases are listed before it for consideration by the Bench that …

Bhushan Steel seeks contempt proceedings against Orissa

New Delhi: Says state didn’t comply with SC order on grant of iron ore Bhushan Power & Steel (BPSL) has asked the Supreme Court to initiate contempt proceedings against the Orissa government for failing to comply with the apex court’s order that asked it to recommend BPSL’s case for grant …

Sesa Goa among nine mining firms facing probe by SC panel

Iron ore supply likely to be disrupted further in Karnataka if panel finds fault with these miners Supply of iron ore to steel mills in and around Karnataka might be disrupted further if the central empowered committee (CEC), appointed by the Supreme Court to probe alleged irregularities of nine mining …

Coal India pact with 11 companies under vigilance lens

NEW DELHI: Coal India Ltd (CIL) has gone out of its way to sign fuel supply pacts with 11 companies, including alleged Coalgate beneficiaries, even before these firms reached the qualifying milestones such as acquiring land, the state-run monopoly's internal anti-corruption watchdog has said. In a report to the coal …

SC seeks CEC report on Karnataka mining

The Supreme Court on Friday asked the Central Empowered Committee (CEC) to look into the alleged illegalities committed by some mines including Sesa Goa and Mysore Minerals in Karnataka. It also asked the CEC to assess the quantum of loss caused to the exchequer on account of illegal mining by …

Apex cour asks CEC to look into DKS mining business

The Supreme Court on Friday asked the Central Empowered Committee (CEC) to look into an NGO’s plea seeking CBI probe against former Karnataka Minister D K Shivakumar, his brother D K Suresh and nine other mining companies in connection with illegal iron ore mining. A three-judge bench presided over by …

Geomin Opposes Central Govt Review of Kandadhar Licence

Odisha-based Geomin Minerals, which has been locked in a legal battle with Korean giant Posco for an iron ore prospecting licence in the Kandadhar mines in Sundergarh district, on Wednesday opposed a Supreme Court move to ask the Centre to make an assessment of all potential contenders for the licence. …

GSPCB drops show cause notices, ball in IBM court

PANJIM: The Goa State Pollution Control Board (GSPCB) has discharged all show cause notices issued to 43 mining firms, over excess iron ore production (beyond the environment clearance limit), claiming that the Board is not in a position to verify the data and pointing out that the Supreme Court is …

Mining lessees made huge profit: Govt

The State government, which has strongly favoured establishment of a Special Purpose Vehicle (SPV) for rejuvenating areas devastated by illegal mining, has found that mining lessees have made windfall profits with little investment and with negligible concern for sustainability. The government is in favour of retaining a higher portion of …

High Court refuses to quash allotment of land to Mahindra & Mahindra

The order is significant against backdrop of an MoU signed by state government and M&Min; respect of commissioning of Rs 700 crore project at Nashik The Bombay High Court has dismissed a petition filed by a company Zenith Metaplast Pvt Ltd praying for allotment of a three acre plot in …

Orissa HC no to mining ops on deemed renewal

The Orissa High Court has stopped operations by those mines that are operating on deemed renewal. The court has directed not to operate mines on deemed renewal without its permission. A division Bench comprising chief justice V Gopal Gowda and justice BN Mohapatra, while admitting a PIL, has directed not …

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