Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors | Order Dated Sat, 21 May 2022

Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors - Order No: 41

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: 41

Filing Date: Fri, 13 Jul 2018

Order Date: Sat, 21 May 2022

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

21.05.2022

Proceedings

Present:

Ld. Counsel Sh. Rajesh Batra, Ld. Special PP Sh. N.K. Matta with Ld. Advocates Sh. Prabhas Bajaj, Sh. Ansh Singh Luthra, Ms. Sonia Kukreja for ED along with IO AD Arun Kumar.

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

Sh. Ravindra Kumar Manchal, AR of A-2 company M/s Gagan Sponge Iron Pvt. Ltd. in person along with Ld. Counsel Ms. Riya Arora.

Sh. Rajiv Kumar, AR of A-3 M/s Jindal Reality Pvt. Ltd. along with Ld. Proxy Counsel Sh. Charanpreet Singh.

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

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) 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. Amit Verma for A-9.

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

A-11 Anand Goel in person.

A-12 Rajeev Aggarwal with Ld. Counsel Sh. Siddhesh Kotwal and Ld. Proxy Counsel Ms. Ana Upadhyay.

A-13 Siddharth Madra with Ld. Counsel Sh. Rahul Tyagi.

A-14 Gyan Swaroop Garg with Ld. Counsel Sh. Hemant Shah.

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

Separate exemption applications seeking exemption from personal appearance for today only, filed on behalf of A-7 Sh. Naveen Jindal and A-9 Sh. Sushil Maroo by their respective Ld. Defence Counsels. The said applications are allowed for today only, for the reasons mentioned in the applications.

In CBI vs. Grace Industries Limited, the Ld. Counsel for the accused has to address and conclude final arguments today as he had stated that he would be thereafter going out of country. Since considerable time would be devoted to hearing final arguments in the said case and as judgment of the Hon'ble Supreme Court dealing with various legal issues involved in PMLA cases is awaited, list this case on 16.07.2022 for considering Supplementary Complaint filed by ED.

(Arun Bhardwaj) Special Judge, (PC Act) (CBI), Coal Block Cases-01, RADC New Delhi/21.05.2022.

CNR No. DLCT11-000452-2019

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

ECIR No. 12/DLZO/2014 Branch: Delhi Zonal Office, Zone-Il

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

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

21.05.2022

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

with Ld. Advocates Sh. Prabhas Bajaj, Sh. Ansh Singh Luthra,

Ms. Sonia Kukreja for ED along with lO AD Arun Kumar.

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

Counsel Sh. Saurabh Ajay Gupta.

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

Sponge Iron Pvt. Ltd. in person along with Ld. Counsel Ms. Riya

Arora.

Sh. Rajiv Kumar, AR of A-3 M/s Jindal Reality Pvt. Ltd. along with

Ld. Proxy Counsel Sh. Charanpreet Singh.

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

Ltd. along with Ld. Counsel Sh. Himanshu Anand Gupta.

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

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. Amit Verma for A-9.

A-12 Rajeev Aggarwal with Ld. Counsel Sh. Siddhesh Kotwal and

Ld. Proxy Counsel Ms. Ana Upadhyay.

Page 1 of 2

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

vide order dated 15.03.2021].

Separate exemption applications seeking exemption from personal

appearance for today only, filed on behalf of A-7 Sh. Naveen Jindal and A-9 Sh.

Sushil Maroo by their respective Ld. Defence Counsels. The said applications are

allowed for today only, for the reasons mentioned in the applications.

In CBI vs. Grace Industries Limited, the Ld. Counsel for the accused

has to address and conclude final arguments today as he had stated that he

would be thereafter going out of country. Since considerable time would be

devoted to hearing final arguments in the said case and as judgment of the

Hon'ble Supreme Court dealing with various legal issues involved in PMLA cases

is awaited, list this case on 16.07.2022 for considering Supplementary Complaint

filed by ED.

(Arun Bhardwaj)

Special Judge, (PC Act) (CBI),

Coal Block Cases-01, RADC

New Delhi/21.05.2022.

Page 2 of 2

Document information last updated: Sat, 20 Sep 2025, 12:10 PM IST