New Delhi, April 20: The Delhi High Court on Friday issued notice to the Essar-Loop promoters on a CBI plea challenging a trial court judgment that acquitted them in the 2G spectrum allocation case.

Justice S.P. Garg issued notice to Essar promoters Anshuman Ruia and Ravi Ruia, Essar Group Director Vikash Saraf, Loop Telecom promoters Kiran Khaitan and her husband I.P. Khaitan and three companies and listed the matter for further hearing on May 25.

The Central Bureau of Investigation told the court that the trial court had failed to appreciate the evidence on record which proved that the accused had hatched a conspiracy to cheat the Department of Telecom (DoT) for obtaining spectrum licence.

The agency also said that the special judge -- dealing exclusively with the 2G cases -- failed to appreciate law in proper perspective.

"The evidence on record clearly establishes the offence committed by the accused persons," the plea said.

"The falsity of representation was known not only to (Essar Group Director - Strategy and Planning) Saraf but to all accused persons and it was made with a dishonest intention to deliberately conceal the true ownership and control of the applicant company (Loop Telecom Ltd) and to induce the DoT to issue letters of intent, enter into licence agreements and eventually allocate spectrum to the company," the plea said.

The various adverse observations made by the judge were "highly unwarranted", unjustified and in any case, deserved to be expunged, it said.

On December 21, 2017, the special judge acquitted Essar promoters Anshuman Ruia and Ravi Ruia, Saraf, Khaitan and her husband I.P. Khaitan. The court also let off three companies -- Loop Telecom Pvt Ltd, Loop Mobile India Ltd and Essar Tele Holding.

The CBI filed its third charge sheet on December 12, 2011, including the names of Essar promoters, Loop promoters and Saraf, and companies -- Loop Telecom Pvt Ltd, Loop Mobile India Ltd and Essar Tele Holding -- and recognised them as accused.

The investigating agency had alleged that they had cheated the DoT by using Loop Telecom as a "front" to secure 2G licences in 2008 in violation of Clause 8 of the Unified Access Service License (UASL) Guidelines.

Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.



Davangere: Reports state that two groups engaged in stone pelting at each other during Ganesha idol immersion ceremony in Davangere on Thursday. Two police personnel were injured in the incident.

Few days ago, two groups of youth engaged in verbal altercation regarding raising of a flag for Eid Milad celebration. On account of the clashes, police had heightened security for the Ganesha procession. Despite the additional security, stones were pelted at the procession, sources stated. Inspector Gururaj and constable Raghavendra were injured in the incident. The procession continued after the police brought the situation to control. However, the stone pelting resumed once again as the procession surged forwards.

Security has been tightened up in the area and all shops have been closed down by the police. The two police personnel, who were injured in the stone pelting, are undergoing treatment at a hospital.