Madras HC orders CBI enquiry into ₹422 cr NLC corruption allegations

• Madras High Court directs CBI to enquire into alleged large-scale corruption at Neyveli Lignite Corporation India Limited (NLC).
• Court declines immediate registration of an FIR, citing need for verification of allegations.
• Petitioner alleged NLC officials, in collusion with contractors, caused ₹422 crore loss between 2022-2025.
• Allegations include contract violations, inflated project costs, misuse of CSR funds, and forged documents.
• CBI to summon petitioner on February 23 for enquiry; petitioner must provide supporting documents.