Will Soon Be Cleared Of All Allegations Says VV Minerals

VV Minerals, founded in late 1980s by S Vaikundarajan, is known to be the highest producer of minerals such as Garnet and Ilmenite. However, a lot of speculation surrounding the company’s involvement in illegal beach mining has surfaced.

The company has taken legal advice against such baseless allegations and rumours. No evidence has yet been submitted in the court that could confirm the company’s involvement in scam.

District Collector Ashish Kumar of Tuticorin was one of the first people to raise his voice against the company. However, when no evidence was found, the District Collector had to face a transfer. Yet again, VV Mineral Vaikundarajan was blamed to have used his political influence in Kumar’s transfer.

VV Minerals’ spokesperson, speaking to NDTV, denied these allegations and claimed that the “charges made by the former District Collector are baseless, motivated and vague.”

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VV Minerals Will Re-Submit The Draft Scheme, Says VV Mineral Vaikundarajan

VV Mineral DrafThe Madras High Court had set aside an order that quashed the rejection of mining scheme of VV Minerals and Transworld Garnet India. Chief Justice Sanjay Kishan Kaul and Justice T S Sivagnanam observed the order issued by the Single Bench was, ‘bereft of any reason, nor did it deal with the respective submissions of the learned counsel for the parties.’

Furthermore, the submission of the companies to the Court was a plea to cure defects examined by the Bureau in the draft mining scheme. The Division Bench said that the compliances will have to be re-submitted and examined in accordance with the law by the authority.

The Bureau will have to issues the returned memo in the form issued earlier while mentioning the reasons as to what was not complied with. The memo will have to be issued to VV Minerals India and Transworld Garnet India within two weeks.

The differences came forth when the two companies stated to have complied with the requirements for submission of mining scheme. However, the Bureau denied any such compliance. The Bureau raised objections on the draft scheme submitted by VV Minerals India and alleged that the companies failed to remove all the defects in the draft scheme when it was re-submitted in January 2014.

Following these differences, VV Minerals India approached the Single Bench and sought re-consideration of the issue. Meanwhile, the court has ordered the Bureau to issue the memo again and the company to resubmit its draft scheme after that for beach sand mining.

VV Mineral V Subramanian Take On The Indian Heavy Minerals Industry

VV Minerals, a Tamil Nadu based beach mining company, is one of the largest exporters of beach minerals in India. Lead by the enigmatic Managing Director, V Subramaniam, the company is India’s largest exporter of garnet and ilmenite.

Recently, an interview of VV Mineral V Subramaniam by Ramesh Kumar Raja was published in Governance Today, where he spoke briefly about India’s current position in the world production of heavy minerals and the steps that can be taken for its improvement.

The Truth About VV Mineral’s Role In The Rs 60 Lakh Crore Thorium Scam

Thorium-Scam

VV Minerals, a private mineral mining organization’s office premises were attacked to discover any proof that would demonstrate that they are into a heavy mineral mining trick. Every one of those against VV Minerals, Vaikundarajan were shocked to discover that nothing at all was found from that raided. Despite what might be expected, all the paperwork and statutory clearances were discovered to be progressive.

This demonstrates that VV Minerals is uninvolved in any such scam. It also proves that the company practices its exchange and business emulating the administration standards.

There are numerous adversaries of VV Minerals who are envious of their prosperity and goodwill. They are the ones to have spread the bits of gossip about the thorium outrage so as to insult the general population picture of VV Minerals.

It was an intentional endeavor which fizzled as VV Minerals had the capacity demonstrate its honesty before the world.

VV Mineral is a family owned conglomerate with multi crore turnover that is involved in various sectors like food and agro, chemicals and pigments, paints, sugar, cement and others. VV Mineral, is mainly engaged in mining, manufacturing, and exporting heavy minerals like garnet, ilmenite, rutile, and zircon.

Raids On Mining Sites Reveal No Violation By VV Mineral, Vaikundarajan

 

A raid was conducted by a team of special inspection officers at the mining site of VV Minerals in the Tuticorin district. However, the officials did not find any proof to hold VV Minerals, Vaikundarajan guilty of any crime. S. Vaikundarajan came out clean from this case after all the investigation were carried out.

VV Mineral, India Promoted The Cause Of Education By Being An Associate Sponsor For A Marathon In Tamil Nadu

VV Mineral VaikundarajanWith a strong corporate agenda of maintaining safety and health of Tirunelveli and great environment consciousness VV Minerals owned by Mr. S. Vaikundarajan make sure to ensure sustainable development, safe work places and enrichment of the quality of life of its employees, customers, community and environment.

On 20th July, 2014, VV Minerals, Vaikundarajan, to create a better educated world for the society and community helped in hosting the Nellai Marathon. They nominated five students from VV Engineering College to be part of this historic event. The event was flagged off at 05.30 am with great fanfare by District Sport Officer; the second started at 6 am and third began at 7.30 am

The Founder Chairman And Managing Director of VV Group of Companies, Mr. S. Vaikundarajan said, “We are committed to the cause of education and we will make sincere efforts for providing easy access to learning and enlightenment to the poor and needy students who can’t afford to go to schools and education is a dream. We want to enrich the lives of students as a socially responsible company in a sustained manner and hence we have partnered with Nellai marathon for cause of education in smaller towns.”