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Supreme Court Disapproves NGT's Approach: No Nexus Between Company's Revenue And Amount Of Penalty For Environmental Damages
The Business Guardian
|December 12, 2024
The court in the case observed that there being no nexus between the revenue generation of the company and the ascertainment of penalty for violation of environmental laws.
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TDG NETWORK NEW DELHI The Supreme Court in the case Benzo Chem Industrial Private Limited Versus Arvind Manohar Mahajan And Ors observed and has expressed disapproval of an order passed by the National Green Tribunal, NGT wherein the tribunal imposed penalty for environmental damages on a company based on its revenue.
The court in the case observed that there being no nexus between the revenue generation of the company and the ascertainment of penalty for violation of environmental laws.
In the present case, the court was hearing an appeal filed by a company against the order of National Green Tribunal, NGT wherein the tribunal imposed a penalty for an amount of Rs 25 crores on it.
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