Rathi Steel and Power Limited Receives Court Relief as Special Judge Declines ED Complaint in Coal Block Case
Published on: March 7, 2026, 3:22 p.m. | Source: scanx.trade
Rathi Steel and Power Limited has received favorable legal relief as the Special Judge (PC Act) (CBI) (Coal Block Cases)-01, New Delhi declined to take cognizance of an ED complaint on March 06, 2026. The complaint alleged money laundering offences against the company and key officials including promoters Mr. Udit Rathi and Mr. Pradeep Rathi, along with Mr. Kushal Kumar Agarwal, in connection with coal block allocation matters. The company has confirmed that this positive court decision will have no adverse impact on its financial operations or daily business activities.
