The appeal arises from an order dated 06.02.2024 passed by the Adjudicating Authority (National Company Law Tribunal, Mumbai Bench-I) in I.A. No. 4460 of 2023 in CP (IB) No. 1807 of 2018. The Appellant had filed the I.A. No. 4460 of 2023 seeking direction against the Secretary, Ministry of Coal-Respondent No.1 and Coal Controller-Respondent No.2 not to withdraw the mine opening permission in respect of Marki Mangli I Coal Block. By the impugned order, the Adjudicating Authority directed the Respondent No. 2 to withdraw the withdrawal letter of mine opening permission and also directed the Appellant to keep aside the Annual Mine Closure Cost besides directing the Appellant personally liable for disposal of the mined coal in accordance with the terms of the Mine
…The Ministry of Coal, Government of India, directed the auction of coal mines under Section 41 of the Coal Mines (Special Provisions) Act, 2015. Respondent No. 1 issued a tender document for various coal mines, including Marki Mangli – I Coal Mine. The Corporate Debtor participated in bidding and was declared the Successful Bidder for the MM-I Coal Block. The Corporate Debtor and the President of India entered into a Coal Mine Development and Production Agreement regarding the allocation of the MM-1 Coal Block. A Mining Lease Deed was executed by the District Mining Officer, Govt. of Maharashtra, in respect of the MM-I Coal Block. The Corporate Debtor, State Bank of India, and the Coal Controller's Organisation entered into an Escrow Agreement in respect of the MM-1
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The Ministry of Coal, Government of India, vide…
Respondent No. 1 issued a tender document dated…
The appeal arises from an order dated 06.02.2024 passed by the Adjudicating Authority (National Company Law Tribunal, Mumbai Bench-I) in I.A. No. 4460 of 2023 in CP (IB) No. 1807 of 2018. The Appellant had filed the I.A. No. 4460 of 2023 seeking direction against the Secretary, Ministry of Coal-Respondent No.1 and Coal Controller-Respondent No.2 not to withdraw the mine opening permission in respect of Marki Mangli I Coal Block. By the impugned order, the Adjudicating Authority directed the Respondent No. 2 to withdraw the withdrawal letter of mine opening permission and also directed the Appellant to keep aside the Annual Mine Closure Cost besides directing the Appellant personally liable for disposal of the mined coal in accordance with the terms of the Mine
…The Ministry of Coal, Government of India, directed the auction of coal mines under Section 41 of the Coal Mines (Special Provisions) Act, 2015. Respondent No. 1 issued a tender document for various coal mines, including Marki Mangli – I Coal Mine. The Corporate Debtor participated in bidding and was declared the Successful Bidder for the MM-I Coal Block. The Corporate Debtor and the President of India entered into a Coal Mine Development and Production Agreement regarding the allocation of the MM-1 Coal Block. A Mining Lease Deed was executed by the District Mining Officer, Govt. of Maharashtra, in respect of the MM-I Coal Block. The Corporate Debtor, State Bank of India, and the Coal Controller's Organisation entered into an Escrow Agreement in respect of the MM-1
…The Ministry of Coal, Government of India, vide…
Respondent No. 1 issued a tender document dated…