Section 8A of MMDR : Section 8A: Period Of Grant Of A Mining Lease For Minerals Other Than Coal, Lignite And Atomic Minerals

Explanation using Example

Imagine a company, "XYZ Minerals Pvt. Ltd.," which holds a mining lease for a non-coal and non-atomic mineral in the state of Rajasthan. The lease was originally granted on January 1, 2000, for a period of 20 years. With the commencement of the Mines and Minerals (Development and Regulation) Amendment Act, 2015, their existing lease is deemed to have been extended to a period of 50 years from the original grant date, effectively until December 31, 2049.

As the lease period approaches its end, XYZ Minerals Pvt. Ltd. is aware that they cannot simply renew their l...

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