State Of Bihar & Ors vs Ramesh Prasad Verma (Dead)Thr. Lrs

The Supreme Court addressed the appeal concerning the applicability of the Bihar Minor Mineral Concession (Amendment) Rules, 2001, specifically regarding the royalty rate for minerals. The Court held that the revised royalty rate of Rs.100/- per cubic meter, as per the Notification dated 24.03.2001, applies from the date of its issuance and not retrospectively. The judgment clarified the interpretation of the rules governing mineral leases, emphasizing the importance of adhering to the specified rates as per the amendments made.