Choksi’s Gitanjali Group held a majority stake of 51% shares in the company , while EMTA held 49%. “It was basically a third party contract to GEMTA and not direct allocation of a block to Choksi’s company,” said an ED official.
source https://www.hindustantimes.com/india-news/2014-supreme-court-order-stopped-choksi-from-running-a-coal-mine-enforcement-directorate/story-Yxk8qSQHDC4qRJ0WicFnVO.html
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