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Policy & Regulation
2G: Fresh summons issued to Loop, Essar executives after they fail to appear in court
TT Correspondent |  |  27 Jan 2012

A Delhi court on Friday issued fresh summons to top executives of Essar and Loop Telecom facing probe in 2G spectrum allocation case after they failed to appear in the court.

 

The reason given by lawyers was that they did not receive the summons as they should have been sent to their official residence in Dubai. The fresh summons has been sent after the addresses were corrected.

 

They have now been asked to appear in the court on February 22.

 

Their representatives said that it was not their intention to skip the court as they had confirmed that they were in Dubai.

 

Essar Promoter Director Anshuman Ruia, Essar Vice Chairman Ravi Ruia, Essar Group Director (Strategy & Planning) Vikas Saraf, Loop Telecom's Kiran Khaitan and IP Khaitan - were issued summoned by the special Central Bureau of India (CBI) judge OP Saini in December 2011.

 

It may be recalled that the High Court on Tuesday had declined to stay the trial of Loop Telecom and Essar Group and its officials before the special CBI court. 
 

Loop Telecom and Essar which have been under CBI scanner in 2G spectrum allocation case had challenged the Delhi high court early this month.

 

The plea of Loop, Essar was that they should not be investigated by the CBI as they have not been booked under the Prevention of Corruption Act. A division bench, comprising Justice B D Ahmed and Justice V K Jain is likely to hear their plea on Thursday.

 

Ruias, the promoters of Essar Group and the Khaitans  figured in the third chargesheet filed by the CBI on December 12. They face accusation of creating Loop for getting more spectrum.

 

According to the agency Essar group floated Loop Telecom flouting telecom guidelines. Essar holds sizeable shares in the existing operating company Vodafone.

 

Essar Group’s Ravi Ruia, son Anshuman Ruia and Ruia brothers’ sister Kiran Khaitan and her husband IP Khaitan were also named in the new chargesheet.

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27 Jan 2012(IST)  
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