2G: HC grants more time to Essar promoters to file reply

IANS  |  New Delhi 

The Delhi on Thursday accepted Essar promoters' plea for more time to file their reply to CBI's appeal against their acquittal in the spectrum allocation case.

The court was hearing the (CBI) petition challenging the acquittal of and Ravi Ruia, Vikash Saraf, promoters and her husband and three companies in the case.

The CBI has said that the trial court had failed to appreciate the evidence on record, which showed that the accused had hatched a conspiracy to cheat the (DoT) for obtaining the spectrum licence.

On December 21, 2017, the acquitted and Ravi Ruia, Saraf and the Khaitans. The court also let off three companies -- Pvt Ltd, India Ltd and

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

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

--IANS

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First Published: Thu, August 02 2018. 15:02 IST