A Delhi court on Monday awarded four years imprisonment each to two directors of the Jharkhand Ispat — R.C. Rungta and R.S. Rungta — in a coal block allocation scam case.
Special Judge conducting trial of the coal block allocation scam cases exclusively, Bharat Parashar, also imposed a fine of Rs. 5 lakh each on the two convicts. He also imposed a fine of Rs. 25 lakh on the company, an accused in the case.
"Keeping in view the over all facts and circumstances of the case, coupled with the submissions made and the age of the convict persons, I am of the considered opinion that the interest of justice will be suitably met if both the convicted persons i.e. R.S. Rungta and R.C. Rungta are sentenced to rigorous imprisonment for a period of four years each for the offence u/s 420 IPC and to also pay a fine of Rs. 2,50,000/- (Rupees Two Lakhs Fifty Thousand) each," Mr. Parashar said in his sentence order.
"As regard the offence u/s 120-B/420 IPC, I sentence both the convict persons R.S. Rungta and R.C. Rungta to rigorous imprisonment for a period of four (4) years each and to also pay a fine of Rs. 2,50,000/- (Rupees Two Lacs Fifty Thousand). It is however directed that the substantive period of sentences shall run concurrently," the order said.
"As regard the offences u/s 420 IPC and u/s 120-B/420 IPC, the company M/s Jharkhand Ispat Pvt. Ltd. (M/s JIPL) is sentenced to pay a fine of Rs. 25,00,000/- (Rupees Twenty Five Lakhs)," the order further said
The two convicts had been taken into custody and sent to Tihar Jail when the court had on March 28 held them guilty of the offences.
