Orissa High Court Disposes of JSW Steel's Challenges to Two Jajang Iron Ore Shortfall Demands
- Legal
- Steel And Steel Products
JSW Steel Limited has told the exchanges, in a delayed disclosure under Regulation 30(6), that the Orissa High Court at Cuttack pronounced judgments on 16 Oct 2026 on two writ petitions about demands for shortfall in dispatch of minerals from its Jajang Iron Ore Block in Keonjhar, Odisha, under Rule 12-A of the Mineral Concession Rules, 2016.
The first, Writ Petition 28232 of 2021, challenged a demand of ₹6,96,32,09,199 (about ₹696 crore) raised in Sep 2021 for the first year of the mine agreement, 27 Jun 2020 to 26 Jun 2021. The court disposed of the petition in terms of its judgment of 20 Apr 2026 in WP(C) 31035 of 2025 and connected matters, and the company believes the demand letter stands quashed.
Sign up to continue reading
Create a free account to read the rest of this article and the analysis that follows.
Disclaimer:
The information available on this article is provided for education and informational purposes only. It does not constitute or provide financial, investment or trading advice and should not be construed as an endorsement of any specific stock or financial strategy in any form or manner. We do not make any representations or warranties regarding the quality, reliability, or accuracy of the information provided. This website may contain links to third-party content. We are not responsible for the content or accuracy of these external sources and do not endorse or verify the information provided by third parties. We are not liable for any decisions made or actions taken based on the information provided on this website.
