Yet to receive notification from Madras HC on Sterlite Copper plant petition: Vedanta

Image
Press Trust of India New Delhi
Last Updated : Aug 16 2018 | 1:05 PM IST

Vedanta today said it is yet to receive notification from the Madras High Court on the latter issuing notice to the group's Sterlite Copper plant on a petition seeking Rs 750 crore compensation and asserted that it will evaluate further course of action upon study of the same.

"This is with reference to your email... regarding a news item titled 'Madras HC issues notice to Vedanta's Sterlite on plea for Rs 7.5 bn relief'," the company informed the BSE.

In this regard, it said, the company is yet to receive the notice as well as the copy of the petition from the court and will evaluate further course of action upon study of the same.

"Further, the company upon receipt of the communication, will make necessary announcement," it added.

The Madras High Court had earlier this week issued a notice to the Sterlite Copper plant on a petition seeking Rs 750 crore towards rehabilitation of people affected by pollution allegedly caused by it and relief for victims of the police firing during a protest in May.

Petitioner Vijaya Nivas had sought a court direction to the company to pay Rs 620 crore for rehabilitation of people in and around its plant in Tuticorin, apart from a compensation of Rs 10 crore each for the 13 people killed in police firing during the anti-Sterlite agitation on May 22 and 23.

When the matter came up for hearing, Justices M M Sundaresh and Satheesh Kumar issued notices to Sterlite Copper chairman Anil Agarwal and the central and state governments.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Aug 16 2018 | 1:05 PM IST

Next Story