40. It is well settled that no one has legal or vested right for
the grant of mining lease. Mere disappointment of expectation cannot be a
ground for interfering with the policy of the State reserving the areas for
exploitation of beach sand mineral by State/Central Public Sector
Undertakings. After referring to various judgments on the doctrine of
promissory estoppel, in Monnet Ispat case, this Court has summarized the
principles in paragraph (182) as under:-
40. It is well settled that no one has legal or vested right for the
grant of mining lease. Mere disappointment of expectation cannot be a
ground for interfering with the policy of the State reserving the areas
for exploitation of beach sand mineral by State/Central Public Sector
Undertakings. After referring to various judgments on the doctrine of
promissory estoppel, in Monnet Ispat case, this Court has summarized
the principles in paragraph (182) as under:-