Case Number: CR Cases/1/2019
Parties: Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors
Order Number: 5
Filing Date: Fri, 13 Jul 2018
Order Date: Fri, 31 Jan 2020
Order Description: COPY OF ORDER
Status: Arguments on Charge
Stage: Arguments on Charge
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
Present:
Ld. Special PP Sh. Naveen Kumar Matta for ED.
Joint Director Ms. Ramanjeet Kaur in person.
IO Assistant Director Sh. Arun Kumar in person.
Sh. Vivek Mittal, AR of A-1 M/s Jindal Steel and Power Ltd in person.
Sh. Ravinder Kumar Manchal, AR of A-2 M/s Gagan Sponge Iron Pvt Ltd in person.
Sh. Madhusudan Rao Madikonda, AR of A-3 M/s Sowbhagya Media Limited in person.
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
Page No. 1 of 3
person.
A-15 B.S.N. Suryanarayan (also AR of A-6 M/s Nihar Stocks Limited) in person.
A-7 Naveen Jindal is absent.
A-8 K. Ramakrishna Prasad is absent.
A-9 Sushil Kumar Maroo in person.
A-10 Rajeev Jain in person.
A-12 Rajeev Aggarwal in person.
A-14 Gyan Swaroop Garg in person.
Separate exemption applications seeking exemption from personal appearance for today have been moved on behalf of A-7 Naveen Jindal and A-8 K. Ramakrishna Prasad by their respective Ld. Counsel.
Heard. Allowed only for today.
An application has been moved by IO Assistant Director Sh. Arun Kumar stating therein that 12 weeks time more is required for completion of further investigation.
Joint Director Ms. Ramanjeet Kaur for ED states that she has recently joined as Joint Director in the present matter and she has personally gone through the further investigation being carried out in the present case and she has assured that in another three months time the further investigation in all probabilities will be completed.
Heard.
Accordingly, as prayed matter be now put up on 04.05.2020 for awaiting progress report of further investigation.
(Bharat Parashar) Special Judge, (PC Act) (CBI),RACC/ND 31.01.2020.
Page No. 3 of 3
CRC No. 01/2019 (Old CRC No. 08/18)
ECIR No. 12/DLZ0/2014
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
31.01.2020.
10 Assistant Director Sh. Arun Kumar in person.
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.
Sh. Madhusudan Rao Madikonda, AR of A-3 M/s
Sowbhagya Media Limited in person.
Ld. Counsel Ms. Filza Moonis for A-3.
Sh. Chandan Singh Sountiyal, AR of A-4 M/s New Delhi
Exim Pvt Ltd in person.
Ld. Counsel Sh. Himanshu Anand Gupta for A-4.
A-15 B.S.N. Suryanarayan (also AR of A-6 M/s Nihar
Stocks Limited) in person.
Ld. Counsel Sh. Gurpreet S. Parwanda for A-7.
Ld. Counsel Ms. Filza Moonis for A-8.
A-11 Anand Goel in person.
Ld. Counsel Sh. Tanmaya Mehta for A-11.
Ld. Counsel Sh. Shakunt Saumitra for A-12.
A-13 Siddharth Madra in person.
Ld. Counsel Sh. Rahul Tyagi for A-13.
Separate exemption applications seeking exemption
from personal appearance for today have been moved on behalf of
A-7 Naveen Jindal and A-8 K. Ramakrishna Prasad by their
respective Ld. Counsel.
Page No. 2 of 3
An application has been moved by IO Assistant Director
Sh. Arun Kumar stating therein that 12 weeks time more is required
for completion of further investigation.
Joint Director Ms. Ramanjeet Kaur for ED states that she
has recently joined as Joint Director in the present matter and she
has personally gone through the further investigation being carried
out in the present case and she has assured that in another three
months time the further investigation in all probabilities will be
completed.
Accordingly, as prayed matter be now put up on
04.05.2020 for awaiting progress report of further investigation.
(Bharat Parashar)
Special Judge, (PC Act)
(CBI),RACC/ND
31.01.2020.