Apex court transfers FIMI plea on DMF to itself
In a matter related to the levy of additional royalty under the amended Mines and Minerals (Development and Regulation) Act, 1957, the Supreme Court on Tuesday stayed proceedings before various high courts on the issue. It also transferred to itself a petition filed by the Federation of Indian Mineral Industries (FIMI) challenging the central government notification asking the miners to contribute to the District Mineral Foundation (DMF).
A bench headed by justice Dipak Misra said that the interested parties can approach it after transfer of the case from the Delhi High Court.
The Union mines ministry had come out with a notification in September 2015 asking the miners to pay their contribution to the DMF with retrospective effect from January 12, 2015, when the new MMDR Act was enforced. Read more
Courtesy: Financial Express