The Supreme Court on Tuesday paved the way for auctioning 50,000 mines in Rajasthan by setting aside the 2013 verdict of the high court that the leases be granted on the basis of the earlier first come-first serve policy (FCFS). A bench of Justices A S Bopanna and M M Sundresh took note of the submissions of senior advocate Manish Singhvi, appearing for the state government, that the administration was entitled to change the auction policy and the applicants have no vested right to get the lease on the basis of FCFS policy.
“It is far too settled that there is no right vested over an application made which is pending seeking lease of a Government land or over the minerals beneath the soil in any type of land over which the Government has a vested right and regulatory control.