Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors | Order Dated Sat, 24 Jul 2021

Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors - Order No: 11

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: 11

Filing Date: Fri, 13 Jul 2018

Order Date: Sat, 24 Jul 2021

Order Description: COPY OF JUDICIAL PROCEEDINGS

Status: Arguments on Charge

Stage: Arguments on Charge

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Order Content

CRC No. 01/2019 (Old CRC No. 08/18) 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

24.07.2021

In view of the advisory issued by the Hon'ble High Court of Delhi vide office Order No. 438/RG/DHC/2021 dated 22.07.2021, on account of Corona Virus (COVID-19), Delhi District Courts have been directed that w.e.f. 24.07.2021 all the matters shall be taken up through virtual mode only and it has also been observed that physical hearing in Delhi District Courts may be resumed in a restricted manner4 w.e.f. 16.08.2021 on experimental basis subject to further orders based on evaluation of the situation of the pandemic in NCT of Delhi.

The hearing of the present matter is being taken up via Cisco WebEx Platform in the presence (on-screen) of:

Proceedings

Present: Ld. Senior Advocate Sh. Maninder Singh along with Ld. Counsels Sh. Rajesh Batra, Sh. Prabhas Bajaj, Ld. Special PP Sh. Naveen Kumar

Matta for ED along with IO Assistant Director Sh. Arun Kumar.

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

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

Sh. Ravinder Kumar Manchal, AR of A-2 M/s Gagan Sponge Iron Pvt Ltd is present.

Ld. Counsel Sh. Nagesh Kumar for A-2 .

Sh. Madhusudan Rao Manikonda, AR of A-3 M/s Sowbhagya Media Ltd is present.

Ld. Counsels Mohd. Wasay Khan and Ms. Filza Moonis for A-3.

Ld. Counsel Sh. Himanshu Anand Gupta for A-4 M/s New Delhi Exim Pvt Ltd.

Ld. Counsel Sh. Prashant Mehta for A-5 M/s Jindal Reality Pvt. Ltd.

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

Ld. Counsel Sh. Bharat B. Joshi for A-6 and A-15 .

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

Proceedings against A-8 K. Ramakrishna Prasad stands abated vide order dated 15.03.2021.

  • Ld. Counsel Sh. Shishir Mathur for A-9 Sushil Kumar Maroo.
  • Ld. Counsel Sh. Somesh Arora for A-10 Rajeev Jain.
  • Ld. Counsel Sh. Tanmaya Mehta for A-11 Anand Goel.

A-12 Rajeev Aggarwal is present.

  • Ld. Proxy Counsel Ms. Ana Upadhyay for A-12 .

A-13 Siddharth Madra is present.

  • Ld. Counsel Sh. Rahul Tyagi for A-13.
  • Ld. Counsel Sh. Hemant Shah for A-14 Gyan Swaroop Garg.

Exemption application has been moved on the official email ID of this Court on behalf of applicant/accused Sh. Sushil Kumar Maroo (A-9) by his Ld. Counsel seeking exemption from personal appearance through VC for today.

Heard. Allowed only for today.

Vide application dated 11.06.2021 IO AD Arun Kumar has sought ninety days' time for completion of remaining further investigation in the present matter.

Heard. Perused. Considered.

Accordingly, matter be now put up on 20.08.2021 for awaiting progress report of further investigation .

APPLICATION SEEKING DISCHARGE FROM BEING AUTHORISED REPRESENTATIVE OF THE APPLICANT/ACCUSED NO. 5 i.e., M/S SOWBHAGYA MEDIA LTD .

IO AD Sh. Arun Kumar in its application dated 11.06.2021 moved on the official email ID of this Court has stated that notice to the Director M/s Sowbhagya Meida Ltd could not be served due to Covid pandemic.

Let fresh notice be issued to A-3 M/s Sowbhagya Media Limited through IO AD Arun Kumar returnable on 20.08.2021.

In the meantime, Sh. Madhusudan Rao Manikonda AR of A-3 M/s SML, till further orders, shall continue to appear before this Court.

Matter be now put up on 20.08.2021.

A digitally signed copy of this Order be displayed on the website of RADC

and CIS.

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(Arun Bhardwaj) Special Judge, (PC Act) (CBI), Coal Block cases-01, RADC New Delhi

24.07.2021

CRC No. 01/2019 (Old CRC No. 08/18)

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

In view of the advisory issued by the Hon'ble High Court of Delhi vide

office Order No. 438/RG/DHC/2021 dated 22.07.2021, on account of Corona Virus

(COVID-19), Delhi District Courts have been directed that w.e.f. 24.07.2021 all the

matters shall be taken up through virtual mode only and it has also been observed that

physical hearing in Delhi District Courts may be resumed in a restricted manner4 w.e.f.

16.08.2021 on experimental basis subject to further orders based on evaluation of the

situation of the pandemic in NCT of Delhi.

The hearing of the present matter is being taken up via Cisco WebEx

Platform in the presence (on-screen) of:

Present: Ld. Senior Advocate Sh. Maninder Singh along with Ld. Counsels Sh.

Rajesh Batra, Sh. Prabhas Bajaj, Ld. Special PP Sh. Naveen Kumar

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

Sh. Ravinder Kumar Manchal, AR of A-2 M/s Gagan Sponge Iron Pvt Ltd

is present.

Ld. Counsel Sh. Nagesh Kumar for A-2.

Sh. Madhusudan Rao Manikonda, AR of A-3 M/s Sowbhagya Media Ltd

is present.

Ld. Counsel Sh. Himanshu Anand Gupta for A-4 M/s New Delhi Exim

Pvt Ltd.

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

present.

Ld. Counsel Sh. Bharat B. Joshi for A-6 and A-15.

Page No. 1 of 3

7 Naveen Jindal.

Proceedings against A-8 K. Ramakrishna Prasad stands abated vide

order dated 15.03.2021.

Ld. Counsel Sh. Shishir Mathur for A-9 Sushil Kumar Maroo.

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

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

Ld. Proxy Counsel Ms. Ana Upadhyay for A-12.

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

Ld. Counsel Sh. Hemant Shah for A-14 Gyan Swaroop Garg.

Exemption application has been moved on the official email ID of this

Court on behalf of applicant/accused Sh. Sushil Kumar Maroo (A-9) by his Ld. Counsel

seeking exemption from personal appearance through VC for today.

Vide application dated 11.06.2021 IO AD Arun Kumar has sought ninety

days’ time for completion of remaining further investigation in the present matter.

Accordingly, matter be now put up on 20.08.2021 for awaiting

progress report of further investigation.

APPLICATION SEEKING DISCHARGE FROM BEING AUTHORISED

REPRESENTATIVE OF THE APPLICANT/ACCUSED NO. 5 i.e., M/S SOWBHAGYA

MEDIA LTD.

IO AD Sh. Arun Kumar in its application dated 11.06.2021 moved on the

official email ID of this Court has stated that notice to the Director M/s Sowbhagya

Meida Ltd could not be served due to Covid pandemic.

Let fresh notice be issued to A-3 M/s Sowbhagya Media Limited through

IO AD Arun Kumar returnable on 20.08.2021.

In the meantime, Sh. Madhusudan Rao Manikonda AR of A-3 M/s SML,

till further orders, shall continue to appear before this Court.

Page No. 2 of 3

(Arun Bhardwaj)

Special Judge, (PC Act) (CBI),

Coal Block cases-01, RADC

New Delhi

Page No. 3 of 3

Document information last updated: Wed, 17 Sep 2025, 02:32 AM IST