A bench headed by Chief Justice H L Dattu said, the apex court had granted six months' time to wind up their operations and the companies cannot be restrained from excavating coal during this period.
"If they want to excavate coal, no one can stop them. They have been given six months' time. Why should court direct them not to extract coal during this period," the bench said.
He submitted that the companies should be restrained from doing so, but the apex court refused to entertain his plea.
On September 24, the apex court had quashed the allocation of 214 coal blocks allocated since 1993, terming it as "fatally flawed" and had allowed the Centre to take over operation of 42 such blocks which are functional.
The apex court had given the time after it was submitted by the Attorney General that the Centre and CIL need some time to adjust to the changed situation and move forward.
You’ve reached your limit of 10 free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app