Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors | Order Dated Fri, 12 Apr 2019

Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors - Order No: 1

Case and Order Information

Case Number: CR Cases/1/2019

Parties: Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors

Order Number: 1

Filing Date: Fri, 13 Jul 2018

Order Date: Fri, 12 Apr 2019

Order Description: COPY OF ORDER

Status: Arguments on Charge

Stage: Arguments on Charge

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Order Content

CRC No. 08/18

CNR No. DLND01-007178-2018

ECIR No. 12/DLZO/2014

Branch: Delhi Zonal Office, Zone-II.

ED Vs. M/s Jindal Steel & Power Ltd & Ors.

Offence u/s 3 and punishable u/s 4 PMLA, 2002

12.04.2019

Proceedings

Present:

Ld. Special PP Sh. R.S. Cheema along with Ld. Special PP Sh. Naveen Kumar Matta and Ld. Special PP Ms. Tarannum Cheema for ED along with IO Assistant Director Sh. Arun Kumar.

Sh. Vivek Mittal, AR of A-1 M/s Jindal Steel and Power Ltd in person.

Ld. Counsel Sh. Saurabh Ajay Gupta for A-1.

Sh. Chandra Prakash Sharma, AR of A-2 M/s Gagan Sponge Iron Pvt Ltd is absent.

Ld. Counsel Sh. Ankit Bhatia for A-2.

Sh. Madhusudan Rao Madikonda, AR of A-3 M/s Sowbhagya Media Limited in person.

Ld. Counsel Mohd. Wasay Khan for A-3.

Sh. Chandan Singh Sountiyal, AR of A-4 M/s New Delhi Exim Pvt Ltd in person.

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Ld. Counsel Sh. Himanshu Anand Gupta for A-4.

Sh. Rajiv Kumar AR of A-5 M/s Jindal Reality Pvt. Ltd in person.

Ld. Counsel Sh. Prashant Mehta for A-5 .

A-15 B.S.N. Suryanarayan (also AR of A-6 M/s Nihar Stocks Limited) in person.

A-7 Naveen Jindal is exempted vide order dated 13.03.2019 till 30.06.2019.

Ld. Counsels Sh. Rajeev Goyal and Sh. Gurpreet S. Parwandao for A-7 .

A-8 K. Ramakrishna Prasad is absent.

Ld. Counsel Mohd. Wasay Khan for A-8 .

A-9 Sushil Kumar Maroo is absent.

  • Ld. Counsel Sh. Shishir Mathur for A-9 .

A-10 Rajeev Jain in person.

  • Ld. Counsel Sh. Somesh Arora for A-10 .

A-11 Anand Goel in person.

  • Ld. Counsel Sh. Tanmaya Mehta for A-11 .

A-12 Rajeev Aggarwal in person.

  • Ld. Counsel Sh. Shakunt Saumitra for A-12 .

A-13 Siddharth Madra in person.

  • Ld. Counsel Sh. Rahul Tyagi for A-13 .

A-14 Gyan Swaroop Garg in person.

Ld. Counsels Sh. Pramod Kumar Dubey and Sh. Hemant Shah for A-14 .

Separate exemption applications seeking exemption from personal appearance for today have been moved on behalf of Sh. Chandra Prakash Sharma AR of A-2 M/s Gagan Sponge Iron Pvt Ltd, A-8 K. Ramakrishna Prasad and A-9 Sushil Kumar Maroo by their respective Ld. Counsels.

Heard. Perused. Allowed only for today.

Further investigation in the present matter is stated to be still underway and some more time has been sought for filing the report of further investigation.

Heard. Considered.

As prayed, matter be now put up on 05.08.2019 for filing of progress report of further investigation.

(Bharat Parashar) Special Judge, (PC Act) (CBI),RACC/ND 12.04.2019.

ECIR No. 12/DLZ0/2014

Branch: Delhi Zonal Office, Zone-ll.

ED Vs. M/s Jindal Steel & Power Ltd & Ors.

Offence uls 3 and punishable u/s 4 PMLA, 2002

12.04.2019

Present: Ld. Special PP Sh. R.S. Cheema along with Ld. Special PP

Sh. Naveen Kumar Matta and Ld. Special PP Ms. Tarannum

Cheema for ED along with IO Assistant Director Sh. Arun

Kumar.

Sh. Vivek Mittal, AR of A-1 M/s Jindal Steel and Power Ltd in

person.

Ld. Counsel Sh. Saurabh Ajay Gupta for A-1.

Sh. Chandra Prakash Sharma, AR of A-2 M/s Gagan

Sponge Iron Pvt Ltd is absent.

Ld. Counsel Sh. Ankit Bhatia for A-2.

Sh. Madhusudan Rao Madikonda, AR of A-3 M/s

Sowbhagya Media Limited in person.

Ld. Counsel Mohd. Wasay Khan for A-3.

Sh. Chandan Singh Sountiyal, AR of A-4 M/s New Delhi

Exim Pvt Ltd in person.

Ld. Counsel Sh. Himanshu Anand Gupta for A-4.

Sh. Rajiv Kumar AR of A-5 M/s Jindal Reality Pvt. Ltd in

person.

Ld. Counsel Sh. Prashant Mehta for A-5.

A-15 B.S.N. Suryanarayan (also AR of A-6 M/s Nihar

Stocks Limited) in person.

A-7 Naveen Jindal is exempted vide order dated 13.03.2019

till 30.06.2019.

Ld. Counsels Sh. Rajeev Goyal and Sh. Gurpreet S.

Parwandao for A-7.

Ld. Counsel Mohd. Wasay Khan for A-8.

Ld. Counsel Sh. Shishir Mathur for A-9.

Ld. Counsel Sh. Somesh Arora for A-10.

Ld. Counsel Sh. Tanmaya Mehta for A-11.

Ld. Counsel Sh. Shakunt Saumitra for A-12.

Ld. Counsel Sh. Rahul Tyagi for A-13.

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Ld. Counsels Sh. Pramod Kumar Dubey and Sh. Hemant

Shah for A-14.

Separate exemption applications seeking exemption from

personal appearance for today have been moved on behalf of Sh.

Chandra Prakash Sharma AR of A-2 M/s Gagan Sponge Iron Pvt Ltd, A-8

  1. Ramakrishna Prasad and A-9 Sushil Kumar Maroo by their respective

Ld. Counsels.

Further investigation in the present matter is stated to be still

underway and some more time has been sought for filing the report of

further investigation.

As prayed, matter be now put up on 05.08.2019 for filing

of progress report of further investigation.

(Bharat Parashar)

Special Judge, (PC Act)

(CBI),RACC/ND

12.04.2019.

Page No. 3 of 3

Document information last updated: Sat, 06 Sep 2025, 06:19 AM IST