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Showing posts from May, 2022

Delhi HC Puts On Hold 4-Yr Jail Term For 2 Private Firm Directors In Coal Scam

NEW DELHI:   The Delhi high court on Monday put on hold the jail term awarded to two former directors of M/s Adhunik Corporation Ltd for forging documents and cheating the government to get the allocation of the New Patrpara coal block in Odisha. Justice Anu Malhotra stayed the sentence of Mahesh Kumar Agarwal and Nirmal Kumar Agarwal, noting that it is unlikely that the two will evade the process of law. The two brothers argued that the high court was expected to take years to decide their appeals against the trial court verdict that sentenced them to jail for four years.   The judge observed that the trial took more than six years to complete and the two brothers were not accused of any other crime in the past. The brothers were sentenced to serve four years in jail and a fine of   ₹ 30 lakh each on April 20, The trial court concluded that, as alleged by the Central Bureau of Investigation, M/s Adhunik Corporation Ltd misrepresented various aspects to the ministries of steel and coal