A special CBI court in New Delhi has delivered a landmark ruling, fining JAS Infrastructure & Capital Pvt Ltd ₹1 crore and sentencing its then-managing director, Manoj Kumar Jayaswal, to three years in prison for irregularities in the allocation of Jharkhand’s Mahuagarhi coal block. The verdict, announced on July 8, 2025, by Special Judge Sanjay Bansal, stems from charges of cheating and criminal conspiracy against the Government of India.

The court found that the company and Jayaswal secured the coal block through fraudulent means, causing significant financial loss to the nation, as argued by the CBI’s deputy legal advisor. Jayaswal faces three years of rigorous imprisonment and a ₹5 lakh fine for criminal conspiracy and cheating under Sections 120-B and 420 of the IPC, with sentences running concurrently. The company was fined ₹50 lakh for each offense.

Following the sentencing, Jayaswal sought suspension of his imprisonment to appeal before the Delhi High Court. The court granted a 60-day suspension, allowing bail upon furnishing personal and surety bonds of ₹1 lakh each. However, he is barred from traveling abroad without High Court permission.

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This ruling marks a significant step in addressing coal allocation irregularities, reinforcing accountability in high-stakes resource management.

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