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2011 Supreme(SC) 1250

S. H. KAPADIA, AFTAB ALAM, SWATANTER KUMAR
Govt. of A. P. – Appellant
Versus
Obulapuram Minig. Co. P. Ltd. – Respondent


Advocate Appeared:
For the Petitioner: Mr. Shyam Divan, Sr. Adv. (A.C.) Mr. A.D.N. Rao, Adv., (A.C.) Mr. Siddharth Chaudhary, Adv., (A.C.) In SLP 7366-67/2010: Mr. Goolam E. Vahanvati, AG. Mr. T.V. Ratnam, Adv., In SLP 32690-91/2010: Mr. Sindhu T.P., Adv., Mr. P.V. Vinod, Adv., Mr. P.V. Dinesh, Adv., In WP 66/2010: Mr. B.S. Iyengar, Adv., Mr. Prashant Kumar, Adv., In SLP 17064-65/2010: Mr. Parag P. Tripathi, ASG. Mr. T.V. Ratnam, Adv., In CC 16829/2010 and Mr. Sridhar Potaraju, Adv., 16830/2010: In WP 562/2009: Mr. Prashant Bhushan, Adv., Mr. Pranav Sachdeva, Adv., In WP 411/2010: Mr. Ranvir Singh, Adv., Mr. P. Ramesh Kumar, Adv., Ms. Rajkumari Banju, Adv., In SLP 353/2011: Mr. G. Umapathy, Adv., Ms. Sudha Umapathy, Adv., Mr. Rakesh K. Sharma, Adv., In SLP 15655-58/11 & 15659-84/11/2011:Mr. A.D.N. Rao, Advocates.
For the Respondent: Mr. Mukul Rohatgi, Sr. Adv. Mr. Huzefa Ahmadi, Adv., Mr. K. Raghavacharayulu, Adv., Mr. Sridhar Potaraju, Adv., Mr. G. Prabhakar, Adv., Mr. G. Gaochangpou, Adv., For MoEF: Mr. Goolam E. Vahanvati,AG. Mr. Harris Beeran, Adv., Mr. Nishanth Patil, Adv., Mr. Harin P. Raval, ASG. Mr. Ashok Bhan, Adv., Ms. Satya Siddiqui, Adv., Mr. Anando Mukherjee, Adv., Ms. Asha G. Nair, Adv., Mr. Shailendra Kumar Mishra, Adv., Mr. S.S. Rawat, Adv., Mr. B.K. Prasad, Adv., Mr. D.S. Mahra, Adv., Mr. Rakesh K. Sharma, Adv., Mr. Krishan Venugopal, Sr. Adv. Mr. P.V. Dinesh, Adv., Mr. Siddhartha, Adv., For Karnataka: Mr. Raju Ramachandran, Sr. Adv. Ms. Anitha Shenoy, Adv., Mr. R.G. Kolle, Adv., Ms. Rashmi Nandakumar, Adv., Mr. G.N. Reddy, Adv., Mr. Ashok Bhan, Adv., Mr. Gaurav Sharma, Adv., Ms. Sukhbeer Kaur Bajwa, Adv., Mr. S.N. Terdal, Adv., Mr. H.P. Raval,ASG. Ms. Ranjana Narayan, Adv., Mr. B.K. Prasad, Adv., Mr. Ranjit Kumar, Sr. Adv., Mr. Sanjeev K. Kapoor, Adv., Mr. Gaurav Juneja, Adv., for M/s. Khaitan & Co., Advs., For FIMI: Mr. T.R. Andhyarujina, Sr. Adv. Ms. Kiran Suri, Adv., Mr. K.N. Phanindra, Adv., Mr. S.J. Amith, Adv., Ms. Aparna Mathew, Adv., Mr. F.S. Nariman, Sr. Adv. Mr. Sunil Dogra, Adv., for M/s. Lawyers Knit and Co.,Advs. Ms. C.K. Sucharita, Adv., Mr. A.K. Sharma, Adv., Mr. Sanjay R. Hegde, Adv., Mr. Anil Kumar Mishra-I, Adv., Mr. Jay Savla, Adv., Mr. D. Julius Raimei, Adv., Mr. Sumit Ghosh, Adv., Ms. Renuka Sahu, Adv., Mr. S. Ganesh, Sr. Adv. Mr. Syed Naqvi, Adv., Ms. Namrata Kapoor Sharma, Adv., Mr. Kunal Verma, Adv., Mr. D.L.N. Rao, Sr. Adv. Mr. S.K. Kulkarni, Adv., Mr. M. Gireesh Kumar, Adv., Mr. Ankur S. Kulkarni, Adv., Mr. R.S. Suri, Sr. Adv. Mr. Avinash Kumar, Adv., Mr. K.S. Prasad, Adv., For NMDC Ltd.:Mr. Parag P. Tripathi,ASG. Mr. K. Raghavacharayulu, Adv., Mr. Devadatt S. Kamat, Adv., Mr. S. Sukumaran, Adv., Mr. D. Julius Riamei, Adv., Mr. Anand Sukumar, Adv., Mr. Bhupesh Kumar Pathak, Adv., Ms. Meera Mathur, Adv., Mr. Shekhar G. Devasa, Adv., Mr. Aljo Joseph, Adv., Mr. Rohit Pandey, Adv., Mr. D.K. Garg, Adv., Mr. Sashi Karan Shetty, Adv., Dr. Sushil Balwada, Adv., For Mysore Minerals Mr. L.N. Rao, Sr. Adv. Ltd. Mr. Balaji Srinivasan, Adv., Mr. A.K. Vasanth, Adv., Mr. B.D. Vivek, Adv., Mr. Venkatesh I. Naik, Adv., Mr. P. Ramesh Kumar, Adv., Mr. Ranvir Singh, Adv., Ms. Kiran Suri, Adv., Mr. K.N. Phanindra, Adv., Mr. S.J. Amith, Adv., Ms. Aparna Mattoo, Adv., Mr. C.A. Sundaram, Sr. Adv. Ms. Kiran Suri, Adv., Mr. K.N. Phanindra, Adv., Mr. S.J. Amith, Adv., Ms. Aparna Mattoo, Adv., Mr. K.K. Venugopal, Sr. Adv. Mr. Mahesh Agarwal, Adv., Mr. Akhil Anand, Adv., Mr. Parveen Sehrawat, Adv., Mr. Ankur Talwar, Adv., Mr. Rohit Bhatt, Adv., Ms. Neeha Nagpal, Adv., Mr. E.C. Agrawala, Adv., Mr. Sajan, Adv., Mr. G.V.R. Choudary, Adv., Mr. K. Shivraj Choudhuri, Adv., Mr. A. Chandra Sekhar, Adv., Mr. R.S. Suri, Sr. Adv. Mr. N.L. Ganapathi, Adv., Mr. K.S. Prasad, Adv., Ms. Aparna Bhat, Adv., Mr. B.S. Iyengar, Adv., Mr. Prashant Kumar, Adv., M/s. AP & J Chambers, Advocates.

ORDER :

1. Having heard learned counsel for respective parties on the Report dated 21st September, 2011, submitted by Central Empowered Committee [`CEC', for short] regarding E-auction and related issues pertaining to mining leases in Districts Bellary, Chitradurga and Tumkur, we are happy to note that the sale of iron ore through E-auction has fetched Rs. 92.67 cr. from part disposal of the accumulated inventory of iron ore. We are of the view that E- auction, as suggested by the Monitoring Committee, should continue so that best possible price is fetched.

2. In the above circumstances, we accept the recommendation contained in the Report on E-auction which reads as follows :

    "M/s NMDC may be allowed to continue mining operations in the ML Nos.2396 and 1111 subject to the conditions that (a) the entire production of iron ore from these two mining leases will be sold only through e-auction by the Monitoring Committee and (b) the Monitoring Committee will presently disburse 80% of the sale proceeds to M/s NMDC Ltd."

3. We make it clear that E-auction will take place irrespective of long term contracts entered into by M/s. NMDC. We also make it clear that no Court in this Country will t

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