MoU had automatic cancellation clause
The MoU between Andhra Pradesh Mineral Development Corporation and Rakshana Steels, which the state has decided to cancel, had an inbuilt clause that automatically made the agreement null and void in the absence of any mining rights to the state agency. As per rules, mines in tribal zones are declared as “reserve areas” and the Centre has to accord permission before mining can be taken up in those areas.
Publication Date:
12/06/2012