Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors | Order Dated Tue, 29 Oct 2024

Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors - Order No: 211

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: 211

Filing Date: Fri, 13 Jul 2018

Order Date: Tue, 29 Oct 2024

Order Description: COPY OF ORDER

Status: Arguments on Charge

Stage: Arguments on Charge

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Order Content

(1) M. No. 1056/24 CNR No. DLCT11-000949-2019 CC No. 248/2019 (Old CC Nos. 44/2016 & 03/15) RC No. 219 2013 (E) 0006; Branch: CBI/EO-I/New Delhi CBI Vs. M/s. Jindal Steel and Power Ltd. & Ors. U/s. 120-B IPC, 120-B/420 IPC and Section 7, 12 and 13 (1) (d) PC Act, 1988

(2) M. No. 1057/24 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

29.10.2024

Files taken up today on receipt of applications dated 28.10.2024 from Bail and Filing Section, Rouse Avenue Court Complex, New Delhi, as filed on behalf of accused Gyan Swaroop Garg.

Proceedings

Present:

Ld. DLA for CBI Sh. A.P. Singh (through VC).

Ld. Special PP Sh. N.K. Matta and Ld. Advocates Ms. Sonia Kukreja, Sh. Ansh Singh Luthra and Ms. Jyoti Khattar (all through VC) for ED.

Applicant/accused Sh. Gyan Swaroop Garg with Ld. Counsel Sh. Akshay Rana (both through VC).

APPLICATIONS DATED 28.10.2024 ON BEHALF OF THE APPLICANT/ACCUSED SH. GYAN SWAROOP GARG SEEKING RELEASE OF FDR FURNISHED IN COMPLIANCE OF ORDER DATED 05.09.2024.

Soft copies supplied to Ld. DLA for CBI Sh. A.P. Singh and Ld.

Advocate for DoE Sh. Ansh Singh Luthra.

Through these applications, the applicant/accused Gyan Swaroop Garg has submitted that vide order dated 05.09.2024, he was granted permission to travel to Milan, Italy from 05.10.2024 to 12.10.2024 and in compliance of

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that order he had furnished the requisite FDR for a sum of Rs. 10,00,000/bearing No. 19243497 issued by ICICI Bank and FDR for a sum of Rs. 10,00,000/- bearing No. 19243498 issued by ICICI Bank. It is further mentioned that as the applicant has intimated his arrival in India vide order dated 15.10.2024 and it is accordingly prayed that said FDRs be now released to him.

Ld. DLA for CBI Sh. A.P. Singh and Ld. Special PP for DoE Sh. N.K. Matta submits that they have no objection, in case the FDRs are released to the applicant/accused Gyan Swaroop Garg.

In view of the submissions made, the FDRs bearing No. 19243497 & 19243498 both for a sum of Rs. 10,00,000/- issued by ICICI Bank released to applicant/accused.

Letters be written to the bank branch concerned mentioning therein that this Court has no objection if the amount of said FDRs are released in favour of applicant/accused.

Applications are disposed off accordingly.

Matters be listed on their respective next dates of hearing.

(Arun Bhardwaj)

Special Judge, (PC Act) (CBI), Coal Block Cases-01, RADC New Delhi/29.10.2024

(1) M. No. 1056/24 CNR No. DLCT11-000949-2019

CC No. 248/2019 (Old CC Nos. 44/2016 & 03/15)

RC No. 219 2013 (E) 0006; Branch: CBI/EO-I/New Delhi

CBI Vs. M/s. Jindal Steel and Power Ltd. & Ors.

U/s. 120-B IPC, 120-B/420 IPC and

Section 7, 12 and 13 (1) (d) PC Act, 1988

(2) M. No. 1057/24 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

29.10.2024

Files taken up today on receipt of applications dated 28.10.2024

from Bail and Filing Section, Rouse Avenue Court Complex, New Delhi, as

filed on behalf of accused Gyan Swaroop Garg.

Present: Ld. DLA for CBI Sh. A.P. Singh (through VC).

Ld. Special PP Sh. N.K. Matta and Ld. Advocates Ms. Sonia

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

VC) for ED.

Applicant/accused Sh. Gyan Swaroop Garg with Ld. Counsel Sh.

Akshay Rana (both through VC).

APPLICATIONS DATED 28.10.2024 ON BEHALF OF THE

APPLICANT/ACCUSED SH. GYAN SWAROOP GARG SEEKING

RELEASE OF FDR FURNISHED IN COMPLIANCE OF ORDER DATED

05.09.2024.

Through these applications, the applicant/accused Gyan Swaroop

Garg has submitted that vide order dated 05.09.2024, he was granted permission

to travel to Milan, Italy from 05.10.2024 to 12.10.2024 and in compliance of

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that order he had furnished the requisite FDR for a sum of Rs. 10,00,000/-

bearing No. 19243497 issued by ICICI Bank and FDR for a sum of Rs.

10,00,000/- bearing No. 19243498 issued by ICICI Bank. It is further mentioned

that as the applicant has intimated his arrival in India vide order dated

15.10.2024 and it is accordingly prayed that said FDRs be now released to him.

Ld. DLA for CBI Sh. A.P. Singh and Ld. Special PP for DoE Sh.

N.K. Matta submits that they have no objection, in case the FDRs are released

to the applicant/accused Gyan Swaroop Garg.

In view of the submissions made, the FDRs bearing No. 19243497

& 19243498 both for a sum of Rs. 10,00,000/- issued by ICICI Bank released to

applicant/accused.

Letters be written to the bank branch concerned mentioning therein

that this Court has no objection if the amount of said FDRs are released in

favour of applicant/accused.

Special Judge, (PC Act) (CBI),

Coal Block Cases-01, RADC

New Delhi/29.10.2024

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