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

Representational image

Beware: Bike theft racket active in Bhubaneswar ahead of puja

12 minutes ago
NHRC

Odisha: NHRC seeks report on illegal stone quarrying near Similipal

21 minutes 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

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019

Archives

Editorial

SC In Spotlight

Supreme court
September 30, 2026

Lately, the Supreme Court’s intervention in high-profile cases does not necessarily arouse confidence and reassurance that wrongs may be righted....

Read moreDetails

Trump & Xi

Donald Trump (L) and Xi Jinping
September 29, 2026

The recent meeting between US President Donald Trump and Chinese President Xi Jinping turned out to be a rather tame...

Read moreDetails

Trust Deficit for EC

Election Commission of India
September 28, 2026

After remaining deafeningly silent on a media report casting serious doubts about the fairness and functioning of the Election Commission...

Read moreDetails

The Rot Within

Aakar Patel
September 27, 2026

By Aakar Patel Corruption and bribery are two words that are interchangeable. Or are they? Bribery, in the way that...

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