Section 5 of MMDR – Section 5: Restrictions On The Grant Of Prosp

The Mines and Minerals (Development and Regulation) Act, 1957

CHAPER II: GENERAL RESTRICTIONS ON UNDERTAKING PROSPECTING AND MINING OPERATIONS

Section 5: Restrictions On The Grant Of Prospecting Licences Or Mining Leases

5 Restrictions on the grant of prospecting licences or mining leases

(1) A State Government shall not grant a mineral concession to any person unless such person -

is an Indian national, or company as defined in clause (20) of section 2 of the Companies Act, 2013 (18 of 2013); and
satisfies such conditions as may be prescribed:

Provided that in respect of any mineral specified in Part A and P

Explanation using examples

Imagine a company, "X-tract Minerals Pvt. Ltd.," wants to explore and mine a particular mineral in the state of Rajasthan. To do so, they need to obtain a prospecting licence or a mining lease from the Rajasthan State Government. Here's how

Section 5 of MMDR : Section 5: Restrictions On The Grant Of Prospecting Licences Or Mining Leases

Bare Act

Simplified Act

Explanation using examples

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