Coalscam: Order on charge framing in RSPL case on May 19

The defence counsel had said that the accused firm has not extracted any coal from the Kesla north block and there was no wrongful gain.

Coalscam: Order on charge framing in RSPL case on May 19
NEW DELHI: A special court today fixed May 19 for pronouncing its order on framing of charges in a coal blocks allocation scam case allegedly involving Delhi-based Rathi Steel and Power Limited (RSPL) and its three officials.

Special CBI Judge Bharat Prashar posted the order for May 19 in the case in which RSPL and its top officials - Managing Director Pradeep Rathi, Chief Executive Officer Udit Rathi and AGM Kushal Aggarwal - were summoned as accused by the court.

The case pertains to alleged irregularities in allocation of Kesla North coal block in Chhattisgarh to RSPL.

The accused were chargesheeted for alleged offences under sections 120-B (criminal conspiracy) and 420 (cheating) of the IPC.

During the arguments on framing of charges in the case, all the accused had contended that CBI has "miserably" failed to show that there was a loss to the government or anybody else due to the allocation of coal block to RSPL.

The defence counsel had said that the accused firm has not extracted any coal from the Kesla north block and there was no wrongful gain or corresponding loss to anybody.
ADVERTISEMENT

He had argued that prima facie offences of cheating and criminal conspiracy were not made out against the accused.

CBI, however, had countered their submissions saying RSPL and its officials had "misrepresented" facts before the 36th screening committee regarding acquisition of 250 acres of land to acquire the coal block.

The three individual accused were earlier granted bail by the court after they had appeared before it pursuant to the summons issued against them.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Politics › Coalscam: Order on charge framing in RSPL case on May 19
Text Size:AAA
Success
This article has been saved

*

+