investigate into the illegality in the process of sale of the
Ilmenite by the Indian Rare Earths Limited (IREL), represented by its
Chairman, Mumbai ... conduct a fair investigation into the illegal sale of the
Q grade Ilmenite by the IREL, 2 nd respondent, to the Cochin Minerals
and Rutiles
CMRL was incorporated on 18.08.1999. It requires 1 Lakh
metric ton ilmenite per annum for its regular production. Though
IREL had assured that it would ... supply the required quantity of
ilmenite, it was not honoured after 1999-2000. Since then, CMRL
has been importing low-quality ilmenite from abroad
titanium dioxide through "sulphate process". The main raw
materials are Ilmenite (mixed oxide of titanium) ferrous iron and ferric iron
for the production ... process of
manufacture/production of the product. According to them, the Ground
Ilmenite is digested with hot concentrated Sulphuric acid. The hot cake
obtained
34346/2010 &
5420/2011
approval was so granted in respect of Ilmenite, Rutile,
Leucoxene, Zircon and Silimanite (non-scheduled mineral) over
four areas ... granting Mining Lease for
mining Titanium bearing minerals and ores
i.e., Ilmenite, Rutile, Leucoxene, Zircon etc.
These minerals are categorised as Atomic
minerals
34346/2010 &
5420/2011
approval was so granted in respect of Ilmenite, Rutile,
Leucoxene, Zircon and Silimanite (non-scheduled mineral) over
four areas ... granting Mining Lease for
mining Titanium bearing minerals and ores
i.e., Ilmenite, Rutile, Leucoxene, Zircon etc.
These minerals are categorised as Atomic
minerals
During the relevant accounting periods, the assessee had undertaken iron ore investigation, ilmenite research, lime-stone investigation industrial survey, leather tanning project, etc., and incurred
follows:
2. The petitioner had invited tenders from experienced
suppliers of ilmenite for immediate supply of 5000 MTs. The
respondents quoted the lowest tender ... order was only
203 MTs upto 13.04.2012. Subsequent to that date, no ilmenite
has been supplied. This forced the petitioner-Company to make
alternate arrangements
average loading rates is more than the agreed tonnage. For loading ilmenite in excess 1200 a MT a day on the average during the shipping
hold that the payment of a moiety of the sale proceeds of ilmenite sand supplied by Sri Pulimana S. Chellappan Pillai to Messrs. Hop-kins
titanium dioxide pigment.
The principal raw material involved in this process is
Ilmenite and rutile. The said sand is collected from different
sites ... required to collect and heap the mineral sand
selectively depending on Ilmenite content.
13. It is further contended that at any rate, proof of
possession
