Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Mining firms to pay 12pc interest on unpaid penalty

Updated: February 24th, 2019, 09:30 IST
in State, Top Stories
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Keonjhar: The District Magistrate’s (DM) court held a hearing regarding the confiscation of assets of nine mining firms which had not paid the penalty imposed for illegal mining.

Eight of the mining firms appeared in the court Saturday. The Arjun Lodha Mine representative did not appear.

Also Read

Hardik Pandya

Hardik Pandya ruled out of Afghanistan ODI series due to quadriceps strain

5 hours ago
US group sponsors MBBS studies of poor students

Odisha creates 755 new posts in medical colleges and hospitals

6 hours ago

Among the eight mining firms which deposed before the court are Shibdatt Sharma, Narayani Sons (two mines), Mala Ray, BPME, MR Das and OMDC.

 

The court directed the mining firms of Shibdat Sharma, Narayani Sons (two mines) and Arjun Lodha to pay their penalties by the next hearing of their case slated for March 16. If they do not pay, they will have to pay 12 per cent interest on the penalty imposed on them, the court ruled.

The next hearing of all the mining firms will be held March 16. The DM court asked the mining firms to indicate when they will pay their penalties.

OMDC has agreed to clear the remaining penalty of Rs 544.76 crore in the next 30 days.

 

The MR Das mine has been asked to make it clear by March 13 how and when it will pay its penalty of Rs 2.72 crore.

Narayani Sons (for another mine) has been asked to pay a penalty of Rs 14.16 crore. If the firm fails to pay the fine soon a warrant will be issued against it by March 2, the court said.

The court sought the reply of the government counsel regarding the reply given by mining firm SN Dasmohapatra. This firm had sought Supreme Court’s permission to sell its stocked ore. The case is sub-judice now.

 

The Shibdatt Sharma mine has to pay Rs 2.97 crore as penalty while the Mala Ray mine will have to clear a penalty of Rs 240.31 crore and BPME Rs 871.43 crore.

As per the SC directive, the DM court had issued notices to 23 leaseholders of 31 mines for Rs 6,350 crore. As they had not paid the penalty, cases were filed against them at the DM court.

The DM court has already held many hearings. The first hearing was held July 28, 2018.

 

PNN

Tags: penalty on mining firms
Share26TweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019

Archives

Editorial

Two-Man Drama

Netanyahu to meet Trump
June 10, 2026

The renewed exchange of missiles between Israel and Iran through June 8-9 is ample evidence of instability continuing in the...

Read moreDetails

Deifying Dollar

Donald Trump
June 9, 2026

US President Donald Trump’s craving for long-lasting fame is well known. It assumed scandalous proportions while he was pursuing the...

Read moreDetails

Ethanol Agenda

June 8, 2026

On World Environment Day, 5 June, India launched E85, that is, petrol blended with 85 per cent ethanol at 48...

Read moreDetails

Longevity Vs Legacy

AAKAR PATEL
June 7, 2026

By Aakar Patel Friend Ram Madhav has written a fine piece on Prime Minister Narendra Modi reaching an important milestone....

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST