No criminality, says Delhi court, closes Hindalco coal case
A Delhi court has closed a long-standing coal block allocation case against Hindalco Industries, citing a lack of evidence for criminal conspiracy or breach of trust. The court ruled that the mining lease, rather than the original allocation letter, governed the company's legal rights.
Why it matters
The resolution of this decade-old case provides legal clarity for major industrial players and impacts the perception of corporate governance in India.
No criminality, says Delhi court, closes Hindalco coal case | India News - The Times of India
The report focuses on the court's legal findings and the official dismissal of charges.
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