under liquidation (BPMEL), could lead to adverse consequences. This includes the non- payment of amounts owed to creditors, including TGP and the workmen. The Company Judge's order observes that the renewal of the lease in favour of the Official Liquidator, facilitated by OMDC or TGP, could lead to optimal mine utilisation and subsequent income, which could be utilised wholly or partially for the settlement of the company's outstanding debts. Additionally, the order emphasises that the Central Government cannot evade accountability for the claims of BPMEL's creditor. 28. The Union of India/ Central Government has taken a categoric stand that it does not want to renew the leases. The State of Odisha has the same stance. However, it is essential that we address the submissions made on behalf of TGP. 29. The arguments raised by TGP can be summarised as: • BPMEL, being a government company, is entitled to an automatic extension of leases under Rule 7212 of the Mineral (Other than Atomic