New Delhi: A special court on Tuesday awarded a four-year jail term to the director of Gondwana Ispat Ltd in a coal scam case related to the allocation of the Majra coal block in the western Indian state of Maharashtra.
Special CBI Judge Bharat Parashar, who was appointed to deal exclusively with coal scam cases, also imposed a fine of INR 1 crore on the firm's director Ashok Daga and INR 60 lakh on the firm.
Daga has been in custody since April 27 after the court had held that the firm and its director were guilty of cheating and criminal conspiracy to get the coal block in Maharashtra allocated to it.
The court had earlier summoned Daga and the firm as accused for misrepresenting facts to get the Majra coal block allocated to it. Daga and the firm have been convicted under sections 120-B (criminal conspiracy) and 420 (cheating) of the IPC and also for the substantive offence under section 420 of the IPC.