Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors | Order Dated Thu, 15 Sep 2022

Directorate Of Enforcement versus M/S Jindal Steel And Power Ltd And Ors - Order No: 54

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: 54

Filing Date: Fri, 13 Jul 2018

Order Date: Thu, 15 Sep 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

The hearing of the present matter is being taken up in hybrid form i.e. physically as well as via Cisco WebEx Platform (on the request of all the accused persons and their counsels) in the presence of:

15.09.2022.

Proceedings

Present:

Ld. Special PPs Sh. Rajesh Batra and Sh. N.K. Matta along with Ld. Advocates Sh. Prabhas Bajaj, Sh. Ansh Singh Luthra, Ms. Sonia Kukreja and Ms. Sheena Gupta for ED along with IO AD Satyaveer Singh.

Sh. Vivek Mittal, AR of A-1 M/s Jindal Steel and Power Ltd. with Ld. Counsel Sh. Nishant Bishnoi (both through VC).

Sh. Ravindra Kumar Manchal, AR of A-2 company M/s Gagan Sponge Iron Pvt. Ltd. with Ld. Counsel Sh. Kartikeye Dang (both through VC).

Sh. Rajiv Kumar, AR of A-3 M/s Jindal Reality Pvt. Ltd. (through VC) along with Ld. 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 (through VC).

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) (through VC) with Ld. Counsel Sh. Bhupender Kumar.

A-7 Sh. Naveen Jindal is absent.

Ld. Counsels Sh. Rajeev Goyal & Sh. Gurpreet Singh Parwanda for A-7 Naveen Jindal.

A-9 Sushil Kumar Maroo (through VC) with Ld. Counsel Sh. Shishir Mathur .

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

A-11 Anand Goel (through VC).

A12 Rajeev Aggarwal (through VC) with Ld. Counsel Sh. Siddhesh Kotwal.

A-13 Siddharth Madra in person.

A-14 Gyan Swaroop Garg with Ld. Counsel Sh. Hemant Shah (through VC).

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

APPLICATION DATED 03.09.2022 SEEKING MODIFICATION OF ORDER OF GRANT OF BAIL DATED 15.10.2018 ON BEHALF OF ACCUSED NO. 12, MR. RAJEEV AGARWAL ON CONDITION OF PRIOR PERMISSION OF THIS HON'BLE COURT FOR TRAVELLING ABROAD.

Reply to aforesaid application is filed on behalf of ED.

Copy given.

During the course of arguments, Ld. Counsel Sh. Siddhesh Kotwal for A-12 submitted that he is not pressing the aforesaid application at this stage and requested for permission to withdraw the same with liberty to file a fresh one, if so adviced.

Considered.

In view of the submissions made, the present application is dismissed as withdrawn with liberty as prayed for.

Submissions of Sh. Rajesh Batra, the Ld. Counsel for ED heard visa-vis supplementary complaint.

List on 24.09.2022 for further submissions on the supplementary complaint filed by the ED.

(Arun Bhardwaj)

Special Judge, (PC Act) (CBI), Coal Block Cases-01, RADC New Delhi/15.09.2022.

CNR No. DLCT11-000452-2019

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

ECIR No. 12/DLZ0/2014

Branch: Delhi Zonal Office, Zone-Il

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

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

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

form i.e. physically as well as via Cisco WebEx Platform (on the request of

all the accused persons and their counsels) in the presence of:

15.09.2022.

Present: Ld. Special PPs Sh. Rajesh Batra and Sh. N.K. Matta along with Ld.

Advocates Sh. Prabhas Bajaj, Sh. Ansh Singh Luthra, Ms. Sonia

Kukreja and Ms. Sheena Gupta for ED along with 1|O AD Satyaveer

Singh.

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

Counsel Sh. Nishant Bishnoi (both through VC).

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

Sponge Iron Pvt. Ltd. with Ld. Counsel Sh. Kartikeye Dang (both

through VC).

Sh. Rajiv Kumar, AR of A-3 M/s Jindal Reality Pvt. Ltd. (through VC)

along with Ld. Counsel Sh. Charanpreet Singh.

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

VC).

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

(through VC) with Ld. Counsel Sh. Bhupender Kumar.

Ld. Counsels Sh. Rajeev Goyal & Sh. Gurpreet Singh Parwanda

for A-7 Naveen Jindal.

A-9 Sushil Kumar Maroo (through VC) with Ld. Counsel Sh. Shishir

Mathur.

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

Arora.

A12 Rajeev Aggarwal (through VC) with Ld. Counsel Sh. Siddhesh

Kotwal.

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

(through VC).

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

vide order dated 15.03.2021].

Page 1 of 2

APPLICATION DATED 03.09.2022 SEEKING MODIFICATION OF

ORDER OF GRANT OF BAIL DATED 15.10.2018 ON BEHALF OF ACCUSED

NO. 12, MR. RAJEEV AGARWAL ON CONDITION OF PRIOR PERMISSION OF

THIS HON'BLE COURT FOR TRAVELLING ABROAD.

During the course of arguments, Ld. Counsel Sh. Siddhesh Kotwal

for A-12 submitted that he is not pressing the aforesaid application at this stage

and requested for permission to withdraw the same with liberty to file a fresh one,

if so adviced.

In view of the submissions made, the present application is

dismissed as withdrawn with liberty as prayed for.

Submissions of Sh. Rajesh Batra, the Ld. Counsel for ED heard vis-

a-vis supplementary complaint.

List on 24.09.2022 for further submissions on the supplementary

complaint filed by the ED.

Special Judge, (PC Act) (CBI),

Coal Block Cases-01, RADC

New Delhi/15.09.2022.

Page 2 of 2

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