{"id":256736,"date":"2021-11-04T15:00:29","date_gmt":"2021-11-04T09:30:29","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=256736"},"modified":"2021-11-04T11:36:36","modified_gmt":"2021-11-04T06:06:36","slug":"mineral-auction-third-amendment-rules-2021","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/04\/mineral-auction-third-amendment-rules-2021\/","title":{"rendered":"Mineral (Auction) Third Amendment Rules, 2021"},"content":{"rendered":"<p style=\"text-align: justify;\">On November 02, 2021, the Ministry of Mines has issued the Mineral (Auction) Third Amendment Rules, 2021 to further amend the Mineral (Auction) rules 2015.<\/p>\n<h4 style=\"text-align: justify;\"><span style=\"color: #0000ff;\">Key highlights:<\/span><\/h4>\n<p style=\"text-align: justify;\"><strong>\u00a0<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>In Rule 6, which specifies Eligibility of Mining Lease, in sub-rule (3) the following Explanation has been Inserted, namely:<\/li>\n<\/ul>\n<blockquote>\n<p style=\"text-align: justify;\">\u201cExplanation.\u2014 This sub-rule shall be applicable in all cases of auction, notwithstanding any order or direction to the contrary, passed by any court or authority, prior to the commencement of the Mines and Minerals (Development and Regulation) Amendment Act, 2021.\u201d<\/p>\n<\/blockquote>\n<ul style=\"text-align: justify;\">\n<li>In rule 6, which specifies Eligibility of Mining Lease, in sub-rule (4) the following Explanation has been inserted, namely:<\/li>\n<\/ul>\n<blockquote>\n<p style=\"text-align: justify;\">\u201cExplanation.\u2014 This sub-rule shall be applicable in all leases where mineral is required to be used for captive consumption, notwithstanding any order or direction to the contrary, passed by any court or authority, prior to the commencement of the Mines and Minerals (Development and Regulation) Amendment Act, 2021.\u201d<\/p>\n<\/blockquote>\n<ul style=\"text-align: justify;\">\n<li>Rule 14, which specifies Payment of Interest has been substituted:<\/li>\n<\/ul>\n<blockquote>\n<p style=\"text-align: justify;\">Payment of Interest.\u2014The State Government shall charge simple interest at the rate of Twelve percent per annum on any payment due to State Government under these rules the payment of which is delayed beyond the due date thereof.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>On November 02, 2021, the Ministry of Mines has issued the Mineral (Auction) Third Amendment Rules, 2021 to further amend the Mineral <\/p>\n","protected":false},"author":8808,"featured_media":154904,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,15],"tags":[],"class_list":["post-256736","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-rules_regulations"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mineral (Auction) Third Amendment Rules, 2021 | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/04\/mineral-auction-third-amendment-rules-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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The Rules shall come into force on July 1, 2021. The Rules, 2021 amends Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2016 in the\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":258538,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/12\/15\/format-for-submitting-proposal-for-auction-of-an-area-for-grant-of-composite-licence-introduced-vide-minerals-evidence-of-mineral-contents-second-amendment-rules-2021\/","url_meta":{"origin":256736,"position":1},"title":"Format for submitting proposal for auction of an area for grant of composite licence introduced vide Minerals (Evidence of Mineral Contents) Second Amendment Rules, 2021","author":"Bhumika Indulia","date":"December 15, 2021","format":false,"excerpt":"The\u00a0 Central Government has notified the Minerals (Evidence of Mineral Contents) Second Amendment Rules, 2021 to amend the Minerals (Evidence of Mineral Contents) Rules, 2015. Key amendments: In the Minerals (Evidence of Mineral Contents) Rules, 2015, in rule 7 the following sub-rules shall be inserted, namely \u201c(1A) Any person intending\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Parliament_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":250377,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/06\/27\/mines-and-minerals-contribution-to-district-mineral-foundation-amendment-rules-2021\/","url_meta":{"origin":256736,"position":2},"title":"Mines and Minerals (Contribution to District Mineral Foundation) Amendment Rules, 2021","author":"Bhumika Indulia","date":"June 27, 2021","format":false,"excerpt":"The Ministry of Mines has notified Mines and Minerals (Contribution to District Mineral Foundation) Amendment Rules, 2021 on June 25, 2021, further, to amend the Mines and Minerals (Contribution to District Mineral Foundation) Rules, 2015. They shall be deemed to have come into force on the March 28, 2021. The\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47561,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/05\/17\/mines-and-minerals-development-and-regulation-amendment-act-2016\/","url_meta":{"origin":256736,"position":3},"title":"Mines and Minerals (Development and Regulation) Amendment Act, 2016","author":"Sucheta","date":"May 17, 2016","format":false,"excerpt":"The Mines and Minerals (Development and Regulation) Amendment Act, 2016 received the assent of President on 6th May 2016. The Act amends the Mines and Minerals (Development and Regulation) Act, 1957 by introducing following amendments in the said Act: In section 3 of the Mines and Minerals (Development and Regulation)\u2026","rel":"","context":"In &quot;Foreign Legislation&quot;","block_context":{"text":"Foreign Legislation","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/foreign\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/03\/rashtrapatibhawan.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/03\/rashtrapatibhawan.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/03\/rashtrapatibhawan.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/03\/rashtrapatibhawan.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/03\/rashtrapatibhawan.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":270624,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/07\/25\/the-captiveating-journey-of-transfer-charges-a-mining-law-perspective\/","url_meta":{"origin":256736,"position":4},"title":"The Captiv(e)ating Journey of Transfer Charges \u2014 A Mining Law Perspective","author":"Bhumika Indulia","date":"July 25, 2022","format":false,"excerpt":"by Shivanshu Thaplyal\u2020, Tavishi Srivastava\u2020\u2020 and Priyesh Verma\u2020\u2020\u2020 Cite as: 2022 SCC OnLine Blog Exp 57","rel":"","context":"In &quot;Experts Corner&quot;","block_context":{"text":"Experts Corner","link":"https:\/\/www.scconline.com\/blog\/post\/category\/experts_corner\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/MicrosoftTeams-image-3-2.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/MicrosoftTeams-image-3-2.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/MicrosoftTeams-image-3-2.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/MicrosoftTeams-image-3-2.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/MicrosoftTeams-image-3-2.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":252439,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/08\/07\/regulations-regarding-mining-leases-granted-to-government-companies-notified-vide-mineral-concession-amendment-rules-2021\/","url_meta":{"origin":256736,"position":5},"title":"Regulations regarding mining leases granted to government companies notified vide Mineral Concession (Amendment) Rules, 2021","author":"Prachi Bhardwaj","date":"August 7, 2021","format":false,"excerpt":"The Ministry of Coal has notified Mineral Concession (Amendment) Rules, 2021 on August 6, 2021. 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