The Central Bureau of Investigation on Friday informed the Delhi high court that its appeal against the acquittal of former telecom minister A Raja and 16 others in the 2G spectrum allocation case was 'ripe for hearing'.
Mumbai -- home to industry titans and Bollywood stars -- is witnessing a slow offtake of houses priced between Rs 10 crore and Rs 50 crore. Industry insiders and real estate watchers explain why.
The Delhi high court will pronounce its verdict on Friday on whether to admit the Central Bureau of Investigation's (CBI) appeal challenging the acquittal of former telecom minister A Raja, firms and others in the 2G spectrum allocation 'scam' case.
Justice Dinesh Kumar Sharma said the parties shall file brief written submissions not exceeding five pages.
The Central Bureau of Investigation (CBI) began making submissions on Monday on its appeal before the Delhi high court challenging the acquittal of accused persons, including former telecom minister A Raja, and firms in the 2G spectrum allocation scam case in December 2017.
Admitting the Central Bureau of Investigation appeal, the high court said there are "some contradictions" in the trial court's judgment which require "deeper examination".
The CBI contended before the Delhi high court on Tuesday that there were glaring illegalities in the trial court judgment that acquitted former telecom minister A Raja and others in the 2G spectrum allocation scam case.
Here are some of the top executives and politicians who have been linked to the 2G spectrum scam in India.
The Delhi high court on Tuesday allowed the Central Bureau of Investigation and the Enforcement Directorate's pleas seeking an early hearing into the appeals challenging the acquittal of former telecom minister A Raja and others in the 2G spectrum allocation case.
The ED, in its chargesheet, had alleged that Rs 200 crore was paid by Swan Telecom (P) Ltd promoters to DMK-run Kalaignar TV.
The Delhi high court on Tuesday refused to grant early hearing on the Central Bureau of Investigation's appeal challenging the acquittal of former Union telecom minister A Raja and others in the 2G spectrum allocation scam case.
Justice Brijesh Sethi held that the 2018 amendment to the Prevention of Corruption Act relating to Section 13 (1)(d) would not come to the rescue of the acquitted accused in this appeal.
The high court's order came on a plea by acquitted individual and Kusegaon Fruits and Vegetables Pvt Ltd director Asif Balwa that the CBI has not placed on record the mandatory authority under the provisions of the CrPC.
The matter was mentioned before a bench of Delhi high court's acting chief justice Gita Mittal and kustice C Hari Shankar by Additional Solicitor General Tushar Mehta. The court allowed it to be listed for hearing on Wednesday.
The flight carrying senior Bharatiya Janata Party leaders which developed a mysterious snag in New Delhi on Monday was reportedly registered with a subsidiary of the DB group, owned by Shahid Balwa and Vinod Goenka, whose alleged role in the 2G spectrum is being probed by the Central Bureau of Investigation.
The Maharashtra Bharatiya Janata Party on Wednesday requested President Pratibha Patil not to visit the plant of Schreiber Dynamix Dairies Ltd in Baramati on June 9.
The UAE-based Emirates Telecommunication Corporation (Etisalat) on Thursday filed a petition against Shahid Balwa and Vinod Goenka, promoters of the beleaguered Swan Telecom, for "fraud and misrepresentation".
The Supreme Court on Wednesday took exception to Union Law Minister Salman Khurshid's reported statement that putting businessmen behind bars will hamper investments in the country, saying if true it is "disturbing".
Former Telecom Minister A Raja, facing trial in the 2G spectrum allocation case, was Thursday allowed by a Delhi court to visit Tamil Nadu till November 25 from Friday.
There's an undercurrent of fear in business circles these days
Continuing his explosive tirade against the Bharatiya Janata Party, NRI businessman Anshuman Mishra on Saturday made several allegations about top leaders of the saffron party, during an interview with STAR News.
Union Agriculture Minister Sharad Pawar had sent in a request to the President for visiting Baramati in Maharashtra to see the all round development made in the areas of agriculture, irrigation and town planning.
Shahid Balwa and Vinod Goenka, the promoters of DB Realty, have a common background -- both are college drop-outs and came from families that, directly or indirectly, dealt in real estate.
The Supreme Court has granted bail to five corporate executives in 2G spectrum case.
The corporate honchos who are behind bars for their alleged involvement in the 2G scam will have to celebrate Diwali in jail as the Supreme Court on Friday deferred the hearing on their bail pleas to Octocer 31.
Rediff.com has in its possession a copy of the CBI chargesheet.
In contrast to their lavish lifestyle, all the five spent their night in a 90 square feet Tihar prison cell.
The five were not arrested during the probe into the case.
Swan Telecom promoters Shahid Usman Balwa and Vinod Goenka, accused in the 2G case, were today granted three days exemption from personal appearance by a Delhi court as they have to consult lawyers in Mumbai for a cheating case filed against them by foreign partner Etisalat.
A key 2G case witness and ex-aide of A Raja on Monday told a Delhi court that the former telecom minister was in touch with Swan Telecom promoters, Shahid Usman Balwa and Vinod Goenka and Unitech MD Sanjay Chandra and had cleared their projects during his stint with ministry of environment and forests in 2004-07.
Gautam Doshi, Surendra Pipara and Hari Nair, senior executives of the Reliance ADA Group who were granted bail on Wednesday by the Supreme Court in the 2G spectrum scam case, will provide major relief to their high-profile boss Anil Ambani.
All the corporate accused had challenged the special CBI court's order declining their bail pleas and directing their arrest on April 20.
While DB Realty sent out an official statement early evening, Unitech did that much later.
During their twice-a-week meetings (interview in jail parlance) with family and visitors, these executives are also permitted to get home-cooked food. That's about all as far as luxury goes.
Managing Director Vinod Goenka says the company is not looking at restructuring.
A special court on Friday framed charges against former telecom minister Andimuthu Raja, Dravida Munnetra Kazhagam MP Kanimozhi and others under section 120-B (criminal conspiracy) of IPC and under provisions of Prevention of Money Laundering Act in the 2G spectrum scam related to money laundering.
A special court on Thursday acquitted all accused in the 2G spectrum allocation scam cases. The scam relates to the granting of 2G spectrum licence allocations in 2007-08 which caused, according to a report by the Comptroller and Auditor General of India, a loss of Rs 1.76 lakh crore. Here is a detailed timeline of how the case came to light and how it has progressed over the years:
A special Central Bureau of Investigation court on Monday issued a non-bailable warrant against Dravida Munnetra Kazhagam MP Kanimozhi, facing trial in the 2G spectrum case, for non-appearance only to cancel it in less than an hour after her counsel appeared before the court and apologised for the same.
Former telecom minister A Raja, Dravida Munnetra Kazhagam MP Kanimozhi and 17 others were on Friday chargesheeted by the Enforcement Directorate in a special court in connection with a money-laundering case relating to the 2G spectrum allocation scam in which the party-run Kalaignar TV was allegedly paid Rs 200 crore by the promoters of Swan Telecom.
Dravida Munnetra Kazhagam MP Kanimozhi on Thursday sought the dismissal of a Central Bureau of Investigation plea seeking special court's permission to summon some additional witnesses, including Enforcement Directorate Deputy Director Rajeshwar Singh, in the 2G spectrum allocation case.
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