MUMBAI Oct 12 UK-based The Children's
Investment Fund Management (TCI) said on Friday it has filed a
lawsuit in Calcutta High Court against the directors of state
miner Coal India Ltd for failing to perform their
functions with care and skill.
The lawsuit also names the federal government as a party for
abusing its powers as majority shareholder in Coal India, TCI
said in a statement.
TCI, which owns about 1 percent of Coal India, filed a writ
in Delhi High Court in August to quash directions to the miner
by India's coal ministry to reverse a price hike.