India’s Tata Steel Ltd. received a 17.55 billion rupees ($189 million) demand notice from the mining office of state of Jharkhand, the company said in a statement Saturday.
- The notice, dated March 30, was received on Friday and relates to alleged excess coal extraction during the financial years 2000-01 to 2006-07
- The company said the demand lacks justification and substantive basis
- Tata Steel plans to pursue legal remedies before appropriate forums
Disclaimer: This report is auto generated from the Bloomberg news service. ThePrint holds no responsibility for its content.