Critical Minerals Summit concludes (See 'Corp Brief') Cr.P.C. - While adjudicating on bail application court is duty bound to ensure that accused's right to life and right to health is not violated : HC (See 'Legal Desk') PMLA - Petitioner cannot claim bail as matter of right for treatment only at specialized hospital of his choice : HC (See 'Legal Desk') SEBI (Research Analysts) Regulations, 2014 for ontravention of RA Regulations Certificate of Registration of Noticee Gaurav Sarda can be cancelled : SEBI (See 'Legal Desk') REC Ltd declares financial results, records highest ever annual net profit (See 'Corp Brief') Trade Marks Act - Defendant's adoption of Trademark is not in good faith and potential confusion encroaches upon Plaintiff's statutory trademark rights : HC (See 'Legal Desk') SEBI Act - Noticee was maintaining call records which were sent to SEBI : SEBI (See 'Legal Desk') Arbitration - Petition u/s 29A for extension of mandate of Arbitral Tribunal can be filed even after mandate has expired : HC (See 'Legal Desk') Mines Ministry to hold 2-day Critical Minerals Summit (See 'Corp Brief') IBC - When one party owes debt to another and creditor is claiming under written agreement providing for rendering 'service', debt is operational debt if claim of debt has some connection with service : SC (See 'Legal Desk') Companies Act - Stamp duty @5% market value of property is liable to be paid only when property is situated within State of Madhya Pradesh otherwise not : HC (See 'Legal Desk') SEBI Act - Final opportunity of inspection of documents and cross-examination of witnesses should be given to Appellants : SAT (See 'Legal Desk') SARFAESI Act - Mere discovery of new or important matter or evidence is not a sufficient ground for review ex debito justitiae : HC (See 'Legal Desk') Conference organized on Maritime Amrit Kaal Vision 2047 (See 'Corp Brief') PMLA -Bail application can be dismissed as petitioner failed to satisfy conditions for grant of bail : HC (See 'Legal Desk') CSIR, NIScPR organize national workshop to celebrate World Intellectual Property Day (See 'Corp Brief') SEBI Act - Appellants have failed to substantiate their claim of financial distress nor have they brought any new fact or circumstances requiring grant of interim relief : SAT (See 'Legal Desk') ACC delivers lifetime highest annualised PAT (See 'Corp Brief') Trade Mark Act - Marks are visually phonetically and deceptively similar to Plaintiffs' trademarks : HC (See 'Legal Desk') SJVN inaugurates First Multi-purpose Green Hydrogen Pilot Project (See 'Corp Brief') IBC - Even if CIRP commences, Directors, who are incharge of affairs of Company cannot be absolved of any wilful default committed by borrower Company : HC (See 'Legal Desk') REC to extend loan of Rs 1869 Cr for Kiru Hydro Electric Project (See 'Corp Brief')

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NMDC awarded 5-Star Rating by Ministry of Mines

Published: Nov 25, 2021

By TIOLCorplaws News Service

NEW DELHI, NOV 25, 2021: NATIONAL Mineral Development Corporation Ltd. (NMDC), a public enterprise under the Ministry of Steel received a total of nine 5-star ratings for three years for all its operating iron ore mines viz. Kumaraswami, Bacheli Deposit-5, Deposit 14 NMZ and Deposit No 10 at the 5th National Conclave on Mines and Minerals. The Union Minister of Parliamentary Affairs, Coal and Mines Pralhad Joshi felicitated Dilip Kumar Mohanty, Director (Production) NMDC for the sustainable mining efforts of the company.

The Union Minister of Parliamentary Affairs, Coal and Mines, Pralhad Joshi chaired the 5th National Conclave on Mines and Minerals and allotted over 52 mineral blocks to State Governments. He also launched an e-portal to ease the accreditation process. The Ministry of Mines awarded 5 Star Ratings for the years 2017-18, 2018-19, 2019-20 to mines practicing sustainable and responsible mining.

Receiving the award on behalf of NMDC, Director (Production) Dilip Kumar Mohanty said, "As a key stakeholder in the Indian mining industry, it is our responsibility to implement production processes that are energy efficient and sustainable. The 5 Star Rating is a testimony to our commitment towards environment conservation."

Congratulating the team on the award, Sumit Deb, CMD, NMDC said, "Over the years, our mining complexes have moved towards digitalization. NMDC has adopted safe, scientific, and environment friendly methods of mining that have a minimum impact on the environment. We continue to progress on various environment and energy conservation initiatives in line with our motto of being an eco-friendly miner to the nation."

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