Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors | Order Dated Wed, 18 Sep 2024

Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors - Order No: 199

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: 199

Filing Date: Fri, 13 Jul 2018

Order Date: Wed, 18 Sep 2024

Order Description: COPY OF JUDICIAL PROCEEDINGS

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

18.09.2024

Proceedings

Present:

Ld. Special PPs Sh. Rajesh Batra and Sh. N.K. Matta along with Ld. Advocates Ms. Sonia Kukreja, Sh. Prabhas Bajaj, Sh. Ansh Singh Luthra and Ms. Jyoti Khattar (all through VC) for DoE.

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

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

Sh. Ajaib Singh, AR of A-3 M/s Jindal Reality Pvt. Ltd. with Ld. Counsel Sh. Prashant Mehta (both through VC).

Sh. Chandan Singh Sountiyal, AR of A-4 M/s New Delhi Exim Pvt. Ltd. in person with Ld. Counsel Sh. Himanshu Anand Gupta (through VC).

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 Sh. 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 (both through VC).

A-11 Anand Goel (through VC).

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

A-13 Siddharth Madra with Ld. Counsel Sh. Mathew M. Philip (both through VC).

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

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

Exemption application seeking exemption from personal appearance is filed on behalf of applicant/accused Naveen Jindal. For the reason mentioned in the exemption application, same is allowed for today only.

Vide separate order, summons have been issued against A16 to A27. The service shall be effected by the IO.

However, as sufficient material is not found for proceeding against A28 Madhu Koda, the complaint against him (A-28) is dismissed.

It is pointed out by Ld. Counsels for A-1 to A-15 that on 06.03.2019, they had stated that the scrutiny of the documents is complete, though they also intend to seek further documents from ED and they reserve their rights to file such application after filing of progress report of further investigation by ED.

Therefore, it is directed that the Ld. Counsels for A-1 to A15 be provided with the supplementary complaint along with supporting documents by Ld SPP for ED.

The Ld. Counsels for the accused be also provided a list of unrelied documents by Ld SPP for ED and Ld. Counsels for the accused will be at liberty to request Sh. Rajesh Batra, Ld. SPP for ED for inspection of unrelied documents to be completed before the next date, if so desired.

List on 05.10.2024 for appearance of A-16 to A-27/reporting completion of scrutiny by Ld. Counsel for A-1 to A-15,

so that date for arguments on charge can be given.

Ld. Counsels for the accused requested that they be provided a copy of the summoning order dasti.

As requested, soft copy of digitally signed summoning order be provided to Ld. SPP for ED and to Ld. Counsels for A-1 to A15.

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(Arun Bhardwaj) Special Judge, (PC Act) (CBI), Coal Block Cases-02, RADC New Delhi/18.09.2024

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

18.09.2024

Present: Ld. Special PPs Sh. Rajesh Batra and Sh. N.K. Matta

along with Ld. Advocates Ms. Sonia Kukreja, Sh. Prabhas

Bajaj, Sh. Ansh Singh Luthra and Ms. Jyoti Khattar (all

through VC) for DoE.

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

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

through VC).

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

Gagan Sponge Iron Pvt. Ltd with Ld. Counsel Vignaraj

pasayat (both through VC).

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

with Ld. Counsel Sh. Prashant Mehta (both through VC).

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

Exim Pvt. Ltd. in person with Ld. Counsel Sh. Himanshu

Anand Gupta (through VC).

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 Sh.

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

(both through VC).

A-12 Rajeev Aggarwal with Ld. Proxy Counsel Sh.

Pawan Upadhyay (both through VC).

Page 1 of 3

A-13 Siddharth Madra with Ld. Counsel Sh. Mathew M.

Philip (both through VC).

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

Counsel Sh. Hemant Shah.

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

vide order dated 15.03.2021].

Exemption application seeking exemption from personal

appearance is filed on behalf of applicant/accused Naveen Jindal. For the

reason mentioned in the exemption application, same is allowed for

today only.

Vide separate order, summons have been issued against

A16 to A27. The service shall be effected by the IO.

However, as sufficient material is not found for proceeding

against A28 Madhu Koda, the complaint against him (A-28) is

dismissed.

It is pointed out by Ld. Counsels for A-1 to A-15 that on

06.03.2019, they had stated that the scrutiny of the documents is

complete, though they also intend to seek further documents from ED

and they reserve their rights to file such application after filing of

progress report of further investigation by ED.

Therefore, it is directed that the Ld. Counsels for A-1 to A-

15 be provided with the supplementary complaint along with supporting

documents by Ld SPP for ED.

The Ld. Counsels for the accused be also provided a list of

unrelied documents by Ld SPP for ED and Ld. Counsels for the accused

will be at liberty to request Sh. Rajesh Batra, Ld. SPP for ED for

inspection of unrelied documents to be completed before the next date, if

so desired.

List on 05.10.2024 for appearance of A-16 to

A-27/reporting completion of scrutiny by Ld. Counsel for A-1 to A-15,

Page 2 of 3

Ld. Counsels for the accused requested that they be

provided a copy of the summoning order dasti.

As requested, soft copy of digitally signed summoning

order be provided to Ld. SPP for ED and to Ld. Counsels for A-1 to A-

(Arun Bhardwaj)

Special Judge, (PC Act) (CBI),

Coal Block Cases-02, RADC

New Delhi/18.09.2024

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