Coal Scam: Court Convicts Maharastra-Based Company, Directors

This was the 16th case related to the alleged coal scam in which the court pronounced its judgment.

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Coal Scam: Court Convicts Maharastra-Based Company, Directors | Photo: Representational Image
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A Delhi court on Monday convicted a Maharashtra-based company and two of its directors for cheating and criminal conspiracy in a case related to irregularities in the allocation of a coal block in the state.

This was the 16th case related to the alleged coal scam in which the court pronounced its judgment.

Special Judge Sanjay Bansal held the accused -- B S Ispat Ltd, Mohan Agrawal and Rakesh Agrawal -- guilty under sections 420 (cheating) and 120-B (criminal conspiracy) of the IPC, noting that the prosecution had proved the case beyond any reasonable doubt. The case pertains to irregularities in the allocation of ‘Marki Mangli-I’ coal block situated in Maharashtra in favour of the company.

The court is likely to hear the arguments on the sentence tomorrow. The convicts face a maximum punishment of a seven-year jail term, while the court is likely to impose a fine on the company.

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