💨 Abstract

A Delhi court has summoned Jharkhand Ispat Pvt Ltd and its director Ram Swaroop Rungta in a money laundering case related to the allocation of a coal block in Jharkhand through alleged criminal activities. The case stems from the allocation of the North Dhadu Coal Block for a proposed sponge iron plant. The court took cognizance of the offence under the Prevention of Money Laundering Act (PMLA).

Courtesy: theprint.in

Summarized by Einstein Beta 🤖