The Delhi High Court today upheld the Centre's 2014 Coal Ordinance' provisions on determination of compensation payable to allottees who lost out in the 2015 coal mine auctions towards mining infrastructure and land.<br/><br/>A bench however, laid down how the provisions ought to be interpreted and how the compensation should be calculated so that they do not violate the Constitutional protections of equality, right to carry on business and right to property.<br/><br/>The bench of justices Badar Durrez Ahmed and Sanjeev Sachdeva, said that if the compensation was not computed in the manner indicated by it, then the companies can raise the issue before the tribunal set up under the ordinance.<br/><br/>The court's ruling came on pleas of GVK Power Ltd, Jayaswal Neco Industries Ltd, Jindal Power Ltd, Jindal Steel and Power Ltd and several other similar companies who have alleged under-compensation by the government for their mining infrastructure and land. <br/><br/>The petitions were filed by the companies whose coal block allocations were cancelled by the Supreme Court in 2014.
News On AIR | March 9, 2017 7:16 PM
HC upholds coal ordinance norms on compensation determination