VICTORIAN GRANITES (PVT.) LTD. vs P. RAMA RAO

The Supreme Court examined the validity of the transfer of leasehold rights under Section 35-A of the A.P. Mines & Mineral Concession Rules, 1966. The Court held that the transfer by P. Rama Rao to M/s. Magam Inc. was not sustainable in law as it violated the prohibition against transfer without prior permission from the competent authority, as stipulated in Rule 31. The Court emphasized the need to ensure that public resources are managed in a manner that serves the common good, aligning with Article 39(b) of the Constitution.