The Supreme Court on Wednesday stayed the interim orders passed by the Andhra Pradesh High Court permitting the Bellary Iron Ore Ltd (BIOL) to lift the iron ore stock in the mines available as on December 22, 2009.
A vacation Bench of Justice Deepak Verma and Justice K.S. Radhakrishnan stayed the orders on special leave petitions filed by the Andhra Pradesh government challenging the two orders.
The Bench directed the appeals to be listed before the Forest Bench along with other appeals relating to the mines of Reddy brothers.
The BIOL had filed a petition in the High Court for a direction not to interfere with the trading activity of the petitioner, viz transportation of the processed iron ore (existing stock or future stock which might be procured) from the Obulapuram mines without reference to the prohibitory orders contained in the government order dated November 25, 2009. A Division Bench of the High Court on February 18 permitted the petitioner to lift the stocks available on making a fixed deposit of Rs. 1.50 crore in the custody of the Registrar (Administration). On behalf of the State, it was submitted that upon verification it was found that there were major discrepancies with regard to the quantities in the stockyard as well as their source which happened to be BIOL itself. The State wanted to quash the impugned orders and sought an interim stay.