Peanuts: Gujarat High Court on ArcelorMittal's compensation offer for 10-year delay in meeting forest clearance conditions
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Summary
The Gujarat High Court on Friday pulled up ArcelorMittal (formerly Essar Steel) for taking more than a decade to comply with forest clearance conditions imposed in 2013.A Bench of Chief Justice Sunita Agarwal and Justice Vaibhavi D Nanavati noted that the delay in fulfilling the conditions attached to the Centre’s in-principle forest clearance could not be ignored.The Bench also said that the company’s ₹3-crore compensation offer was “peanuts" and the steel giant may be required to pay substanti