A special court on Monday awarded four-year jail term to JIPL directors RS Rungta and RC Rungta in connection with a coal scam case. While the court imposed a fine of Rs 5 lakh each on the Rungtas, a fine of Rs 25 lakh was imposed in Jharkhand Ispat Pvt Ltd (JIPL).
This comes a week after the special court had on March 28 convicted JIPL and its directors RS Rungta and RC Rungta in the case pertaining to irregularities in allotment of coal block in Jharkhand.
Special CBI Judge Bharat Parashar held the company and its two directors guilty of the offences under sections 120B (criminal conspiracy) and 420 (cheating) of IPC.
This is the first coal block allocation scam case in which the special court, which was set up to exclusively deal with all the coal scam matters, has delivered its judgement.
The case pertains to irregularities in allocation of North Dhadu coal block by the 27th and 30th screening committees jointly to JIPL and three other firms M/s Electro Steel Casting Ltd, M/s Adhunik Alloys and Power Ltd and M/s Pawanjay Steel and Power Ltd.
Comments
0 comment