Court reserves verdict in coal allocation case

Image
IANS New Delhi
Last Updated : May 02 2017 | 5:49 PM IST

A court here has reserved its verdict for May 19 in a coal block allocation case involving Kamal Sponge Steel and Power Limited (KSSPL), court sources said on Tuesday.

The court of Central Bureau of Investigation Special Judge Bharat Parashar was hearing a case pertaining to alleged irregularities in the allocation of Thesgora-B Rudrapuri coal block in Madhya Pradesh to KSSPL.

Former Coal Secretary H.C. Gupta, two senior public officials K.S. Kropha and K.C. Samria, accused firm KSSPL, its Managing Director Pawan Kumar Ahluwalia and Chartered Account Amit Goyal are facing trial in the case.

The CBI had lodged an FIR accusing the company and others of allegedly misrepresenting facts, including inflated net worth, to acquire the coal block.

--IANS

akk/tsb/vt

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 02 2017 | 5:42 PM IST

Next Story