LatestLegal Updates 13 July 2026
SC Upholds Mining Royalty
The Supreme Court has upheld the Centre's mining royalty formula, rejecting a challenge by Kirloskar Ferrous. This ruling is expected to provide certainty to the mining industry, with the court dismissing the company's plea against the formula. The decision is seen as a significant development for the sector, as it brings clarity to the royalty payment structure.
The Supreme Court's ruling on the mining royalty formula is a significant development for the industry. *Key points* include:
- The Court has upheld the Centre's mining royalty formula,
- The decision is expected to provide certainty to the mining industry,
- Kirloskar Ferrous had challenged the formula but the court dismissed the plea.
This ruling brings clarity to the royalty payment structure, which is a crucial aspect of the mining sector.
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