Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors | Order Dated Sat, 16 Dec 2023

Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors - Order No: 162

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: 162

Filing Date: Fri, 13 Jul 2018

Order Date: Sat, 16 Dec 2023

Order Description: COPY OF ORDER

Status: Arguments on Charge

Stage: Arguments on Charge

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Order Content

CNR No. DLCT11-000452-2019 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

16.12.2023.

Proceedings

Present:

Sr. Advocate/ Special PP Sh. Maninder Singh, Ld. Special PPs Sh. Rajesh Batra ( through VC) and Sh. N.K. Matta along with Ld. Advocates Ms. Sonia Kukreja ( Through VC), Sh. Prabhas Bajaj, Sh. Ansh Singh Luthra and Ms. Jyoti Khattr, Sr. Madhav Kumar for DoE.

Sh. Vivek Mittal AR of A-1 M/s Jindal Steel & Power Ltd. with Ld. Counsel Ms. Srishishti Prabhakar (both through VC).

Sh. Ravindra Kumar Manchal, AR of A-2 company M/s Gagan Sponge Iron Pvt. Ltd (through VC).

Sh. Ajaib Singh, AR of A-3 M/s Jindal Reality Pvt. Ltd. with Ld. Proxy counsel Sh. Charanpreet Singh.

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

None for A-5 M/s Sowbhagya Media Ltd.

A-15 B.S.N. Suryanarayan (also AR of A-6 M/s Nihar Stocks Limited) (through VC) with Ld. Counsel Sh. Bhupender Kumar .

A-7 Sh. Naveen Jindal is absent.

Ld. Counsel Sh. Gurpreet Singh Parwanda for A-7 Naveen Jindal.

A-9 Sushil Kumar Maroo (through VC) with Ld. Counsel Sh. Shishir Mathur .

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

A-11 Anand Goel (through VC).

A-12 Rajeev Aggarwal (through VC) with Ld. Proxy Counsel Sh. Pawan Upadhyay .

A-13 Siddharth Madra (through VC) with Ld. Proxy Counsel Sh. Aashish Chojjar .

A-14 Gyan Swaroop Garg (through VC) with Ld. Counsels Sh. Hemant Shah .

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

Sh. Rajesh Batra, Ld. Special PP requested for passover for 30 minutes submitting that Sh. Maninder Singh, Ld. Senior Advocate/Special PP for DoE will come at 10.30 am to address the arguments.

Be recalled again at 10.30 am.

(Arun Bhardwaj) Special Judge, (PC Act) (CBI), Coal Block Cases-02, RADC New Delhi/16.12.2023

Called again at 10.30 am.

A-9 Sushil Kumar Maroo (through VC) with Ld.

Counsel Sh. Shishir Mathur .

A-10 Rajeev Jain with Ld. Counsel Sh. Somesh Arora. A-11 Anand Goel (through VC). A-12 Rajeev Aggarwal (through VC) with Ld. Proxy Counsel Sh. Pawan Upadhyay . A-13 Siddharth Madra (through VC) with Ld. Proxy Counsel Sh. Aashish Chojjar . A-14 Gyan Swaroop Garg (through VC) with Ld. Counsels Sh. Hemant Shah .

An application for exemption from personal appearance is filed on behalf of A-7 Naveen Jindal.

Heard. In view of reason assigned in the application, same is allowed.

An application is moved for substitution of Authorized Representative (AR) on behalf of the accused no. 3 M/s Jindal Reality Pvt. Ltd.

Vide the present application, Ld. Counsel for accused no. 3 M/s Jindal Reality Pvt. Ltd. seeks substitution of AR Sh. Ajaib Singh in place of previous AR Sh. Rajeev Singh of A-3 M/s Jindal Reality Pvt. Ltd.

Original resolution for substitution of Sh. Ajaib Singh in place of earlier AR Sh. Rajeev Singh is filed on record. In view thereof, the present AR Sh. Ajaib Singh is substituted in place of previous AR Sh. Rajeev Singh to represent A-3 Jindal Reality Pvt. Ltd. in this case. New AR Sh. Ajaib Singh is directed to be present in court on each and every date of hearing.

Further arguments addressed by Sh. Maninder Singh, Ld. Senior Advocate for DoE on supplementary complaint.

Put up now on 20.01.2024 for concluding arguments on supplementary complaint.

(Arun Bhardwaj)

Special Judge, (PC Act) (CBI), Coal Block Cases-02, RADC New Delhi/16.12.2023

CNR No. DLCT11-000452-2019

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

16.12.2023.

Sr. Advocate/ Special PP Sh. Maninder Singh, Ld. Special

PPs Sh. Rajesh Batra ( through VC) and Sh. N.K. Matta

along with Ld. Advocates Ms. Sonia Kukreja ( Through

VC), Sh. Prabhas Bajaj, Sh. Ansh Singh Luthra and Ms.

Jyoti Khattr, Sr. Madhav Kumar for DoE.

Sh. Vivek Mittal AR of A-1 M/s Jindal Steel & Power

Ltd. with Ld. Counsel Ms. Srishishti Prabhakar (both

through VC).

Sh. Ravindra Kumar Manchal, AR of A-2 company M/s

Gagan Sponge Iron Pvt. Ltd (through VC).

Sh. Ajaib Singh, AR of A-3 M/s Jindal Reality Pvt. Ltd.

with Ld. Proxy counsel Sh. Charanpreet Singh.

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

Exim Pvt. Ltd. in person.

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

Stocks Limited) (through VC) with Ld. Counsel Sh.

Bhupender Kumar.

Ld. Counsel Sh. Gurpreet Singh Parwanda for A-7

Naveen Jindal.

A-9 Sushil Kumar Maroo (through VC) with Ld.

Counsel Sh. Shishir Mathur.

A-12 Rajeev Aggarwal (through VC) with Ld. Proxy

Counsel Sh. Pawan Upadhyay.

A-13 Siddharth Madra (through VC) with Ld. Proxy

Counsel Sh. Aashish Chojjar.

A-14 Gyan Swaroop Garg (through VC) with Ld.

Counsels Sh. Hemant Shah.

Page 1 of 4

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

vide order dated 15.03.2021].

Sh. Rajesh Batra, Ld. Special PP requested for passover

for 30 minutes submitting that Sh. Maninder Singh, Ld. Senior

Advocate/Special PP for DoE will come at 10.30 am to address the

arguments.

Special Judge, (PC Act) (CBI),

Coal Block Cases-02, RADC

New Delhi/16.12.2023

Called again at 10.30 am.

Present: Sr. Advocate/ Special PP Sh. Maninder Singh, Ld. Special

PPs Sh. Rajesh Batra ( through VC) and Sh. N.K. Matta

along with Ld. Advocates Ms. Sonia Kukreja ( Through

VC), Sh. Prabhas Bajaj, Sh. Ansh Singh Luthra and Ms.

Jyoti Khattr, Sr. Madhav Kumar for DoE.

Sh. Vivek Mittal AR of A-1 M/s Jindal Steel & Power

Ltd. with Ld. Counsel Ms. Srishishti Prabhakar (both

through VC).

Sh. Ravindra Kumar Manchal, AR of A-2 company M/s

Gagan Sponge Iron Pvt. Ltd (through VC).

Sh. Ajaib Singh, AR of A-3 M/s Jindal Reality Pvt. Ltd.

with Ld. Proxy counsel Sh. Charanpreet Singh.

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

Exim Pvt. Ltd. in person.

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

Stocks Limited) (through VC) with Ld. Counsel Sh.

Bhupender Kumar.

Ld. Counsel Sh. Gurpreet Singh Parwanda for A-7

Naveen Jindal.

A-9 Sushil Kumar Maroo (through VC) with Ld.

Page 2 of 4

Counsel Sh. Shishir Mathur.

A-12 Rajeev Aggarwal (through VC) with Ld. Proxy

Counsel Sh. Pawan Upadhyay.

A-13 Siddharth Madra (through VC) with Ld. Proxy

Counsel Sh. Aashish Chojjar.

A-14 Gyan Swaroop Garg (through VC) with Ld.

Counsels Sh. Hemant Shah.

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

vide order dated 15.03.2021].

An application for exemption from personal

appearance is filed on behalf of A-7 Naveen Jindal.

Heard. In view of reason assigned in the application,

same is allowed.

An application is moved for substitution of Authorized

Representative (AR) on behalf of the accused no. 3 M/s Jindal Reality

Pvt. Ltd.

Vide the present application, Ld. Counsel for accused

no. 3 M/s Jindal Reality Pvt. Ltd. seeks substitution of AR Sh. Ajaib

Singh in place of previous AR Sh. Rajeev Singh of A-3 M/s Jindal

Reality Pvt. Ltd.

Original resolution for substitution of Sh. Ajaib Singh

in place of earlier AR Sh. Rajeev Singh is filed on record. In view

thereof, the present AR Sh. Ajaib Singh is substituted in place of

previous AR Sh. Rajeev Singh to represent A-3 Jindal Reality Pvt.

Ltd. in this case. New AR Sh. Ajaib Singh is directed to be present in

court on each and every date of hearing.

Further arguments addressed by Sh. Maninder Singh, Ld.

Senior Advocate for DoE on supplementary complaint.

Page 3 of 4

Put up now on 20.01.2024 for concluding arguments on

supplementary complaint.

Special Judge, (PC Act) (CBI),

Coal Block Cases-02, RADC

New Delhi/16.12.2023

Page 4 of 4

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