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    <title>1996 (7) TMI 569 - Supreme Court</title>
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    <description>Renewal beyond the ordinary lease period under Section 8(3) of the Mines and Minerals (Regulation and Development) Act, 1957 requires recorded reasons showing necessity in the interests of mineral development. The article notes that the first renewal order failed because it gave no reasons, while the later order was assessed against relevant policy material, including the Rao Committee report and the earlier Indian Metals decision. It also states that prospective applicants could properly be heard where renewal affected their commercial interests, and that mineral development may include captive mining needs and equitable distribution of scarce mineral resources. The reduced renewal area approved by the Central Government was upheld as a matter of expert policy assessment.</description>
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    <pubDate>Tue, 23 Jul 1996 00:00:00 +0530</pubDate>
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      <title>1996 (7) TMI 569 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=184260</link>
      <description>Renewal beyond the ordinary lease period under Section 8(3) of the Mines and Minerals (Regulation and Development) Act, 1957 requires recorded reasons showing necessity in the interests of mineral development. The article notes that the first renewal order failed because it gave no reasons, while the later order was assessed against relevant policy material, including the Rao Committee report and the earlier Indian Metals decision. It also states that prospective applicants could properly be heard where renewal affected their commercial interests, and that mineral development may include captive mining needs and equitable distribution of scarce mineral resources. The reduced renewal area approved by the Central Government was upheld as a matter of expert policy assessment.</description>
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      <pubDate>Tue, 23 Jul 1996 00:00:00 +0530</pubDate>
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