The Mines and Minerals (Development and Regulation) Act, 1957
CHAPER II: GENERAL RESTRICTIONS ON UNDERTAKING PROSPECTING AND MINING OPERATIONS
Section 8B: Provisions For Transfer Of Statutory Clearances
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Explanation using examples
Imagine a company, 'XYZ Mining Corp.', which holds a mining lease for an iron ore mine in a state. The lease is set to expire in December 2023. XYZ Mining Corp. has obtained various statutory clearances, such as environm