Bombay High Court Allows Writ Petition Challenging Imposition of Maximum Interest Rate on Delayed Royalty Payment Under Mineral Concession Rules, 1960. Court Holds That Rule 64-A Prescribes Maximum Rate, Not Mandatory Rate, and Respondents Have Discretion to Impose Lower Interest.
20 Jul 2006The petitioner, Associated Cement Companies Limited, filed a writ petition challenging a communication dated 16/18.4.1996 from the respondents demandi...




