New Delhi, Feb 10: A special court today granted bail to three directors of Ranchi-based company, M/s Domco Pvt Ltd, and three others in a coal scam case in which they are accused of misrepresenting facts to acquire a coal block in Jharkhand. The court allowed the bail applications of the firm’s three directors, Binay Prakash, Vasant Diwakar Manjrekar and Parmananda Mondal, chartered accountants Manoj Kumar Gupta and Sanjay Khandelwal and one Shukdeo Prasad after they appeared before it in pursuance to summons issued against them. Also Read - CBI Raids 40 Places Across 3 States In Connection With Illegal Coal Trade

Special CBI Judge Bharat Parashar  granted bail to them on a personal bond of Rs one lakh each with one surety of the like amount. The court asked CBI to supply copies of documents and the charge sheet to the accused and fixed the matter for March 16. The six accused and the firm were summoned by the court for alleged offences of cheating and criminal conspiracy under the IPC after it had taken cognisance of CBI’s charge sheet. During arguments, the lawyers representing the accused said their clients were not arrested during the probe and claimed that no loss was suffered by the government. Also Read - Govt Will Look Into Suggestions of Banning Iron-Ore Exports Amid Supply Crisis: Dharmendra Pradhan

Senior public prosecutor Sanjay Kumar told the court that presence of accused was necessary during proceedings and if granted bail, they should not tamper with the evidence. In its charge sheet, CBI has claimed that Domco Pvt Ltd, which was earlier known M/s Domco Smokeless Fuels Pvt Ltd, had applied to the Steel Ministry for allotment of a captive coal block to set up a pig iron plant of two lakh tonnes per annum capacity at Rairangpur in Odisha through its director Prakash. (ALSO READ: Remove duty on coking coal, auction ore to rescue industry:ICC) Also Read - Coal Scam: Former Union Coal Secretary HC Gupta, Four Others Convicted, Found Guilty of Criminal Conspiracy, Corruption

CBI has alleged that on the basis of information and documents furnished, the Ministry of Coal proceeded to finally allocate Lalgarh (North) coal block in West Bokaro coal fields of Jharkhand in favour of the firm. It has alleged that during the probe, it was found that the firm, M/s Domco Smokeless Fuels Pvt Ltd had misrepresented to the Ministries of Steel and Coal on a number of counts.

It claimed that a conspiracy was hatched by the firm and its directors with various other persons to induce Ministry of Coal to allot a captive coal block in its favour and alleged that the applicant firm had furnished false and fabricated balance sheets to support its inflated claim of its net worth. “Thus, it was also found that the auditor’s certificate submitted under the signatures of Manoj Kumar Gupta was also false. Similarly, the balance sheets were signed by Parmananda Mondal and audited by Sanjay Khandelwal, Chartered Accountants were also found to be false,” CBI has alleged.