Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors | Order Dated Sat, 02 Apr 2022

Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors - Order No: 30

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: 30

Filing Date: Fri, 13 Jul 2018

Order Date: Sat, 02 Apr 2022

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

The hearing in the present matter is being taken up via hybrid form i.e. physically as well as via Cisco WebEx Platform in the presence (at the request of Ld. Counsels for accused persons) of:-

02.04.2022.

Proceedings

Present:

Ld. Senior Advocate Sh. Maninder Singh along with Ld. Counsel Sh. Rajesh Batra, Ld. Special PP Sh. N.K. Matta, Ld. Advocates Sh. Prabhas Bajaj and Sh. Ansh Singh Luthra for ED along with IO AD Arun Kumar.

Sh. Vivek Mittal, AR of A-1 M/s Jindal Steel and Power Ltd. with Ld. Counsels Sh. Saurabh Ajay Gupta and Ms. Shrishti Prabhakar. Sh. Ravindra Kumar Manchal, AR of A-2 company M/s Gagan Sponge Iron Pvt. Ltd. in person along with Ld. Counsel Sh. Kartikeye Dang.

None for A-3 M/s Sowbhagya Media Ltd.

Sh. Chandan Singh Sountiyal, AR of A-4 M/s New Delhi Exim Pvt. Ltd. along with Ld. Counsel Sh. Himanshu Anand Gupta .

Sh. Rajiv Kumar, AR of A-5 M/s Jindal Reality Pvt. Ltd. along with Ld. Proxy Counsel Sh. Charanpreet Singh.

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

along with Ld. Proxy Counsel Sh. Bhupender Kumar .

A-7 Sh. Naveen Jindal is absent.

  • Ld. Counsels Sh. Rajeev Goyal and Sh. Gurpreet Singh Parwanda for A-7.

A-9 Sushil Kumar Maroo is absent.

Ld. Proxy Counsel Sh. Suyansh Sinha for A-9.

A-10 Rajeev Jain (through VC) along with Ld. Counsel Sh. Somesh Arora.

A-11 Anand Goel in person.

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

Akash Singh.

A-13 Siddharth Madra .

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].

Fresh vakalatnama filed on behalf of A-6 M/s Nihar Stocks Limited and A-15 B.S.N. Suryanarayan. Be kept on record.

Separate exemption applications seeking exemption from personal appearance have been moved on behalf of A-7 Naveen Jindal and A-9 Sushil Maroo by their respective Ld. Defence Counsels.

Heard. Considered. Allowed only for today.

The Ld. Sr. Counsel Sh. Maninder Singh submitted that the IO of the case shall file, during the course of the day, corrected memo of parties as there are certain clerical mistakes in the memo of parties filed along with supplementary complaint.

Be recalled again at 2:00 PM for filing of corrected memo of parties.

(Arun Bhardwaj)

Special Judge, (PC Act) (CBI), Coal Block Cases-01, RADC New Delhi/02.04.2022.

Ld. Counsel Sh. Rajesh Batra along with Ld. Special PP Sh. N.K. Matta for ED (both through VC).

At 2:00 PM

Sh. Arun Kumar, Asstt. Director, Directorate of Enforcement, Delhi Zonal Office-II, New Delhi/IO of the case.

An application is filed on behalf of Directorate of Enforcement for placing on record amended memo of parties. It is mentioned in the application that there is a typographical error in the memo of parties and now corrected memo of parties is being submitted for placing the same on record.

The application is allowed as it is only for filing corrected memo of parties.

In this case, the prosecution complaint was filed on 13.07.2018 and cognizance was taken of the offence u/s 3 & 4 of the PMLA Act, 2002 against all the fifteen accused persons on 14.08.2018. In the complaint, it was mentioned

that investigation under PMLA Act in this case is still being carried out. The ongoing investigation may necessitate the filing of additional documents/material and/or addition of accused in the complaint with the permission of the court.

On 11.12.2018, the IO was impressed upon to expedite further investigation.

Now, supplementary complaint has been filed on 15.03.2022 against Accused Nos. 16 to 28.

There are certain Court queries viz-a-viz supplementary complaint.

On the request of Ld. Counsel Sh. Rajesh Batra, list on 30.04.2022 for clarifications on supplementary complaint. On the said date, the personal presence of the accused would not be required as the said date is only for clarifications on supplementary complaint.

The main complaint shall be listed on 21.05.2022 for further proceedings.

(Arun Bhardwaj) Special Judge, (PC Act) (CBI), Coal Block Cases-01, RADC New Delhi/02.04.2022.

CNR No. DLCT11-000452-2019

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

ECIR No. 12/DLZ0/2014 Branch: Delhi Zonal Office, Zone-ll

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

Offence u/s 3 and punishable u/s 4 PMLA, 2002

The hearing in the present matter is being taken up via hybrid

form i.e. physically as well as via Cisco WebEx Platform in the presence (at

the request of Ld. Counsels for accused persons) of:-

02.04.2022.

Ld. Senior Advocate Sh. Maninder Singh along with Ld. Counsel Sh.

Rajesh Batra, Ld. Special PP Sh. N.K. Matta, Ld. Advocates Sh.

Prabhas Bajaj and Sh. Ansh Singh Luthra for ED along with lO AD

Arun Kumar.

Sh. Vivek Mittal, AR of A-1 M/s Jindal Steel and Power Ltd. with Ld.

Counsels Sh. Saurabh Ajay Gupta and Ms. Shrishti Prabhakar.

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

Sponge Iron Pvt. Ltd. in person along with Ld. Counsel Sh.

Kartikeye Dang.

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

Ltd. along with Ld. Counsel Sh. Himanshu Anand

Gupta.

Sh. Rajiv Kumar, AR of A-5 M/s Jindal Reality Pvt. Ltd. along with

Ld. Proxy Counsel Sh. Charanpreet Singh.

along with Ld. Proxy Counsel Sh. Bhupender Kumar.

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

Parwanda for A-7.

Ld. Proxy Counsel Sh. Suyansh Sinha for A-9.

A-10 Rajeev Jain (through VC) along with Ld. Counsel Sh. Somesh

Arora.

Akash Singh.

A-13 Siddharth Madra.

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].

Page 1 of 3

Fresh vakalatnama filed on behalf of A-6 M/s Nihar Stocks Limited

and A-15 B.S.N. Suryanarayan. Be kept on record.

Separate exemption applications seeking exemption from personal

appearance have been moved on behalf of A-7 Naveen Jindal and A-9 Sushil

Maroo by their respective Ld. Defence Counsels.

The Ld. Sr. Counsel Sh. Maninder Singh submitted that the IO of the

case shall file, during the course of the day, corrected memo of parties as there

are certain clerical mistakes in the memo of parties filed along with supplementary

complaint.

Special Judge, (PC Act) (CBI),

Coal Block Cases-01, RADC

New Delhi/02.04.2022.

At 2:00 PM

Present: Ld. Counsel Sh. Rajesh Batra along with Ld. Special PP Sh. N.K.

Matta for ED (both through VC).

Sh. Arun Kumar, Asstt. Director, Directorate of Enforcement,

Delhi Zonal Office-II, New Delhi/IO of the case.

An application is filed on behalf of Directorate of Enforcement for

placing on record amended memo of parties. It is mentioned in the application that

there is a typographical error in the memo of parties and now corrected memo of

parties is being submitted for placing the same on record.

The application is allowed as it is only for filing corrected memo of

parties.

In this case, the prosecution complaint was filed on 13.07.2018 and

cognizance was taken of the offence u/s 3 & 4 of the PMLA Act, 2002 against all

the fifteen accused persons on 14.08.2018. In the complaint, it was mentioned

Page 2 of 3

that investigation under PMLA Act in this case is still being carried out. The

ongoing investigation may necessitate the filing of additional documents/material

and/or addition of accused in the complaint with the permission of the court.

On 11.12.2018, the IO was impressed upon to expedite further

investigation.

Now, supplementary complaint has been filed on 15.03.2022 against

Accused Nos. 16 to 28.

On the request of Ld. Counsel Sh. Rajesh Batra, list on 30.04.2022

for clarifications on supplementary complaint. On the said date, the personal

presence of the accused would not be required as the said date is only for

clarifications on supplementary complaint.

The main complaint shall be listed on 21.05.2022 for further

proceedings.

Special Judge, (PC Act) (CBI),

Coal Block Cases-01, RADC

New Delhi/02.04.2022.

Page 3 of 3

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