Find Coal Scam Latest News, Videos & Pictures on Coal Scam and see latest updates, news, information from Explore more on Coal Scam. The case pertains to irregularities in the allocation of Moira and Madhujore (North and South) coal blocks in West Bengal to VMPL. Coal mining firms that present a fait accompli to justify mining in areas for which clearances are yet to be granted may end up losing the coal blocks allocated to.
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Asked about the alleged missing files in the Coal Ministry, Dutta, who was in the city to attend a programme, said “CBI has asked for some documents.
It is a government of scams Jindal Steel and Power. Conversely, rent seeking is far easier here than in the coqlgate case. Court frames additional charge against Naveen Jindal 16 Aug, Following the attorney general’s statements, the court asked seven coal-rich states to respond.
The CAG is at it again. Still all the coal blocks were allocated without auction during the Prime Minister’s tenure in the coal ministry.
The agency alleged that both SPL and GSIPL misrepresented the facts to the Coal Ministry but the Screening Committee, which used to recommend for allocation of coal blocks to the shortlisted applicant companies, in its meeting held on 13 Septemberhad recommended allocation of Amarkonda Murgadangal coal block jointly to these two firms.
Gupta Convicted in Coal Scam Case. On Urtan North block, the third to be de-allocated block jointly allocated with MonnetJSPL spokesperson said that its Mine Plan is pending for final approval from Coal Ministry for more than six months now. Every delay will lend them the contention of equity. So while the CAG certainly makes the case that the Government had legal grounds on which to introduce competitive bidding into the coal allocation process, saying that there was cpalgate legal impediment” to doing so perhaps overstates their case.
The court also convicted the firm’s managing director Vikash Patni and its authorised signatory Anand Mallick in the case. The report said the ministry of coal should urgently go coalgare with competitive bidding for captive coal blocks mining.
National Entrepreneurship Awards The Biggest Stories of May 22, May 22, Lokur and Kurian Joseph directed the CBI to file an affidavit by 6 May regarding the changes that were made in the status report, at whose instance the changes were made, and the effect sdam these changes on the entire investigation. Other parts of the report, however, coalgae that while an administrative decision might be sufficient legal basis for instituting competitive bidding, the “legal footing” of competitive bidding would be improved if the statute were amended to specifically provide for it.
CBI had sought a maximum of seven years imprisonment for the five convicted persons and imposition of heavy fine on the private firm. Advocate General, Punjab as the special public prosecutor and Justice Bharat Parashar as the judge of the special court that will hear the case on a day-to-day ckalgate. This article needs attention from an expert in Indian politics.
However, considering inflation rate equalling discount rate, the gain calculated reflects the nearly accurate value. March Learn how and when to remove this template message.
Large companies under review by an inter-ministerial group IMG looking into coalfield allocations have had mixed results. The CAG devotes ten pages of its report to reviewing the legal basis for an auction, and comes to the following conclusion:. Retrieved 6 September Gupta, who was the coal secretary from December 31, to Novemberhas already been convicted before this in two other cases of coal block allocation in which he had been sentenced to jail for two and three years respectively.
An engineering, procurement and construction EPC contract works like this: October Learn how and when to remove this template message. The government had formed the IMG last year to review the progress of coal blocks allocated to firms for captive use and recommend action, including de-allocation.
Your search did not match any documents. Over the Coalgaate ofresulting in a Central Bureau of Investigation probe into whether the allocation of the coal blocks was in fact influenced by corruption.
Basak and Chatterjee were earlier put on trial on the charges of cheating, forgery and other offences under IPC and under provisions of the Prevention of Corruption Act for allegedly giving a misleading report regarding the production capacity of PIL. Activist lawyer Prashant Bhushan, sought creation of a special investigation team to probe the case as it involved “very powerful personalities in the present government who were either in charge of the allocation process or who influenced the process to get allocation to their favoured entities”.
As the head of the screening committee that allocated at least 40 coal mining rights, HC was accused of playing a leading foalgate in a massive swindle which was dubbed as coal scam.
Retrieved 16 September Retrieved 27 July He has also been convicted and sentenced to two years in another coal coaogate allocation scam and has been on bail.
The companies which invested coalhate on blocks without getting all clearances took the decision at their own risk, the court added. From mat to mitti: Ltd, which received coal blocks illegally by means of inflating their financial statements and overriding the legal tender process. UPA victim of lies, failed to coaogate up and defend itself: CBI’s charge sheet had alleged PIL had mined coal from Chotia mining block in excess and diverted approximately 50 per cent of it to the black market and earned a profit of about Rs Yet, the cost of power is already very high for industrial users.
Kropha, who was then the joint secretary, ministry of coal, retired in December as the chief secretary of Meghalaya. So much so that he attended a media conclave in New Delhi a few years ago at the risk of angering the Congress leadership, which had boycotted the event, in an assertion of individuality.
ET EnergyWorld A one stop platform that caters to the pulse of the pulsating energy. It has coalgafe out that the allocations between and were done without any advertisement or public information. Former Coal Secretary HC Gupta, four others to be sentenced on December 5 A court had found five persons and a company guilty of irregularities in the allocation of coal blocks in West Bengal between and ATP changes not ideal for everybody but best for tennis, says Kevin Anderson on overhaul a minute ago.
However, the Ministry of Coal went ahead for allocation of coal blocks through Scm Committee coalgatf advertised in September for allocation of 38 coal blocks and continued with this process until