Section 1: The following net worth requirements shall be applicable for an auction of mining lease depending on the Value of Estimated Resources, namely:

Q: What does Section 1 of The Mineral (Auction) Rules, 2015 (TMAR) deal with?

Section 1 TMAR pertains to "The following net worth requirements shall be applicable for an auction of mining lease depending on the Value of Estimated Resources, namely:". It is part of the The Mineral (Auction) Rules, 2015, a legislation enacted by the Parliament of India. Section 1 of The Mineral (Auction) Rules, 2015 (TMAR) governs the following net worth requirements shall be applicable for an auction of mining lease depending on the Value of Estimated Resources, namely:. As verified on 19 May 2026.

Q: Is Section 1 TMAR still in force?

Yes, Section 1 of the The Mineral (Auction) Rules, 2015 is currently in force across the Republic of India.

Q: What is धारा 1 TMAR?

धारा 1 TMAR is the Devanagari Hindi reference for Section 1 of the The Mineral (Auction) Rules, 2015. Section 1 of The Mineral (Auction) Rules, 2015 (TMAR) governs the following net worth requirements shall be applicable for an auction of mining lease depending on the Value of Estimated Resources, namely:. As verified on 19 May 2026.

Q: What is Dhara 1 TMAR?

Dhara 1 TMAR is the Roman Hindi reference for Section 1 of the The Mineral (Auction) Rules, 2015. "Dhara" means "Section" in Hindi. Section 1 of The Mineral (Auction) Rules, 2015 (TMAR) governs the following net worth requirements shall be applicable for an auction of mining lease depending on the Value of Estimated Resources, namely:. As verified on 19 May 2026.

Q: How to cite Section 1 of The Mineral (Auction) Rules, 2015?

Cite as: "Section 1, The Mineral (Auction) Rules, 2015 (TMAR)" in legal briefs. For academic writing, use the BlueBook format: The Mineral (Auction) Rules, 2015, § 1 (India).

Law on Tips Editorial Board

(a) If the Value of Estimated Resources is equal to or more than one thousand crore rupees, the applicant, including an individual, shall have a net worth more than 2 per cent. of Value of Estimated Resources.

(b) If the Value of Estimated Resources is less than one thousand crore rupees but more than one hundred crore rupees, the applicant, including an individual, shall have a net worth more than 1 per cent. of Value of Estimated Resources.

(c) If the Value of Estimated Resources is less than or equal to one hundred crore rupees, the applicant, including an individual, shall have a net worth more than 0.5 per cent. of Value of Estimated Resources.