Jharkhand Ispat's Directors Granted Bail in Coal Block Case

Posted on 15th Jan 2015 12:14 pm by mohit kumar

New Delhi, Jan 14 (IANS) A court here Wednesday granted bail to two directors of Jharkhand Ispat Pvt. Ltd. (JIPL) in a coal block allocation case.

Central Bureau of Investigation Special Judge Bharat Parashar granted bail to two directors of the company - R.S. Rungta and R.C. Rungta.

Both the accused appeared before the court in pursuance of summons issued against them by the court Dec 18 last year.

The court directed them to furnish a personal bond of Rs.1 lakh each and one surety each of the like amount.

The court has posted the matter for further hearing Feb 2.

Meanwhile, the CBI told the court that two other private persons, Ramabatar Kedia and Naresh Mahto, who were also summoned as accused in the case, have reportedly died and they are verifying the facts regarding their demise.

The court has summoned them with the company JIPL as accused under various charges dealing with criminal conspiracy, cheating, forgery and falsification of account.

The case pertains to allocation of North Dhadu coal block in Jharkhand to JIPL after the court took cognizance of the chargesheet Dec 18 last year.

In its chargesheet, the CBI had alleged that JIPL had "grossly misrepresented" a number of aspects before the ministry of steel and ministry of coal (MoC) to inflate their claim and thereby induced the MoC officers and the screening committee to allocate the coal block to them.

Other news

Germany with India in Munich Council: Jaishankar had said - Europe's problem is not the world's problem, German Chancellor said - we agree with it

Chancellor Olaf Scholz has agreed to Indian Foreign Minister S Jaishankar's 9-month-old 'European

Sea of Humanity bids Tearful adieu to R.R. Patil

Sangli (Maharashtra), Feb 17 (IANS) Lakhs of people bade a tearful farewell to former Maharasht

Vikrant Massey: 'I kept crying even after the scene was over', Vikrant shared his experience of shooting '12th Fail'

Actor Vikrant Massey is celebrating the success of '12th Fail' these days. In this film, Vikrant

Fidayeen attack on PAK's Karachi University: 5 killed including 3 Chinese women; the Baloch organization said - will not leave the Chinese

There was a fidayeen attack on a university in Pakistan's Karachi city on Tuesday afternoon. 5 pe

Jaitley breaks ice, Walks up to opposition before budget

New Delhi, Feb 28 (IANS) The government sought to reach out to the opposition ahead of the budg

Covid vaccination of children will start in January, children from two to 17 years will be vaccinated

The Health Department is increasing the list of children and adolescents along with vaccination.

Akali Candidate with Rs.239 Crore is Richest in Delhi Polls

New Delhi, Jan 30 (IANS) Shiromani Akali Dal's Manjinder Singh Sirsa with assets worth Rs.239 c

Kejriwal overpowered ED-CBI! Supreme Court gave an important decision; Read on which conditions he got bail.

Delhi Excise Policy Case Delhi's Chief Minister Arvind Kejriwal has got bail from Tihar Jail afte

No-Confidence Motion: No government has fallen in India to date due to a no-confidence motion, which has been presented 27 times in history

Consent was received on Wednesday to bring a no-confidence motion against the Modi government in

'New mafiveer, one apology files should be made', Congress leader taunts Vivek Agnihotri's apology in court

Vivek Agnihotri, director of The Kashmir Files, apologized in the Delhi High Court on December 6