State-run steel maker Steel Authority of India Ltd (SAIL) has moved the Odisha High Court seeking quashing of the demand notice for payment of Rs 47.5 crore by December 31, 2017,
The demand notice states that SAIL, the mine lease holder of Bolani mines spreading over an area of 1321.45 hectares, has undertaken production of iron ore from the mining leasehold area in excess of the lower of the approved limits of production under mining plan and consent to operate during 2000-2001 to 2010-2011.
The notice also made clear that the demand is relatable to recovery of price of minerals produced without