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The CBI has registered a case against Electrosteel Castings Ltd, Electrosteel Steels Ltd and unknown public servants in connection with the allocation of the Parbatpur coal block in Bokaro in July 2005.
The case has been registered under IPC sections of criminal conspiracy, cheating and criminal breach of trust, as well as under sections 406 and 420 of IPC and under sections of the Prevention of Corruption Act.
The CBI Sunday conducted raids on office premises of the firm at five places in Kolkata, Ranchi and Bokaro.