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.

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.

“All the three accused persons i.e. the company, B S Ispat Ltd., Mohan Agrawal, along with Rakesh Agrawal, are hereby held guilty and convicted for the offence u/s 120-B IPC and u/s 120-B r/w 420 IPC. All the three accused are also held guilty and convicted for the substantive offence u/s 420 IPC,” the judge said.

The prosecution was represented by Special Public Prosecutor R S Cheema, Additional Legal Advisor Sanjay Kumar and advocate A P Singh DLA.