Section 7
[(4) The reservation made under this section shall lapse in case no mining lease is granted within a period of five years from the date of such reservation:
7 [(4) The reservation made under this section shall lapse in case no mining lease is granted within a period of five years from the date of such reservation:
Provided that where the period of five years from the date of reservation has expired before the date of commencement of the Mines and Minerals (Development and Regulation) Amendment Act, 2021 (16 of 2021) or expires within a period of one year from the date of commencement of the said Act, the reservation shall lapse in case no mining lease is granted within a period of one year from the date of commencement of the saidAct:
Provided further that the State Government may, on an application made by such Government company or corporation or on its own motion, and on being satisfied that it shall not be possible to grant the mining lease within the said period, make an order with reasons in writing, within a period of three
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