Special CBI Judge Bharat Parashar, who has held Gupta guilty in the case, will pronounce his judgement on the quantum of sentence on July 22.
Gupta, who was the coal secretary from December 31, 2005 to November 2008, then joint secretary K S Kropha and then director K C Samaria in the coal ministry were held guilty by the court for irregularities in allocation of the Thesgora-B Rudrapuri coal block in Madhya Pradesh to Kamal Sponge Steel and Power Ltd (KSSPL).
He submitted that economic offences were graver than the other crimes and should be dealt with firmly.
The convicts, however, sought leniency, citing old age and no previous conviction in any other case.
On May 19, the court had convicted Gupta, Kropha and Samaria. It also held the firm and its managing director Pawan Kumar Ahluwalia guilty of the offences, including cheating.
The court, however, acquitted chartered accountant Amit Goyal in the case.
The court rejected the closure report on October 13, 2014 and summoned Gupta and others as accused.
The CBI had alleged that the firm had misrepresented its net worth and the existing capacity, adding that the state government had also not recommended the firm for the allocation of any coal block.
The court had on October 14 last year framed charges against them, observing that former prime minister Manmohan Singh was kept in the "dark" by Gupta, who had prima facie violated the law and the trust reposed in him on the issue of coal block allocation.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
