Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors | Order Dated Mon, 05 Aug 2019

Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors - Order No: 2

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: 2

Filing Date: Fri, 13 Jul 2018

Order Date: Mon, 05 Aug 2019

Order Description: COPY OF ORDER

Status: Arguments on Charge

Stage: Arguments on Charge

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Order Content

CRC No. 01/2019 (Old 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

05.08.2019.

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

Ld. Counsel Sh. Vijay Aggarwal 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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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 in person.

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 in person.

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. Counsel Sh. Manish Vashist for A-14 .

Exemption application seeking exemption from personal appearance for today has been moved on behalf of A-8 K. Ramakrishna Prasad by his Ld. Counsel.

Heard. Perused. Allowed only for today.

Fresh Vakalatnama has been filed on behalf of A-2 M/s Gagan Infra-energy Ltd. Same be taken on record.

It has been submitted by Ld. Special PP for ED that further investigation in the present matter is almost complete and the report of further investigation will be filed within a period of four weeks.

Heard. Considered.

Accordingly, matter be now put up on 09.09.2019 for awaiting report of further investigation.

(Bharat Parashar) Special Judge, (PC Act) (CBI),RACC/ND 05.08.2019.

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

05.08.2019.

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. Ravinder Kumar Manchal, AR of A-2 M/s Gagan Sponge

Iron Pvt Ltd in person.

Ld. Counsel Sh. Vijay Aggarwal 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.

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.

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

Parwandao for A-7.

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

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.

Ld. Counsel Sh. Manish Vashist for A-14.

Page No. 2 of 3

Exemption application seeking exemption from personal

appearance for today has been moved on behalf of A-8 K. Ramakrishna

Prasad by his Ld. Counsel.

Fresh Vakalatnama has been filed on behalf of A-2 M/s

Gagan Infra-energy Ltd. Same be taken on record.

It has been submitted by Ld. Special PP for ED that further

investigation in the present matter is almost complete and the report of

further investigation will be filed within a period of four weeks.

Accordingly, matter be now put up on 09.09.2019 for

awaiting report of further investigation.

(Bharat Parashar)

Special Judge, (PC Act)

(CBI),RACC/ND

05.08.2019.

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