Section 10 of MMDR : Section 10: Application For Prospecting Licences Or Mining Leases
MMDR
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Explanation using Example
Imagine a company, "RockMining Corp.," that wishes to extract iron ore from a particular area. The land is owned by the government and is known to be rich in minerals. To legally obtain the rights to mine, RockMining Corp. must apply for a mineral concession. They fill out the required form, pay the necessary fee, and submit their application to the State Government.
The State Government, in turn, acknowledges receipt of the application by sending an acknowledgment to RockMining Corp. within the timefram...
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