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2G case hearing against Essar, Loop promoters deferred

2G case hearing against Essar, Loop promoters deferredNew Delhi, Aug 21 (IANS) A special court here on Monday adjourned hearing in the 2G spectrum allocation case against Essar and Loop promoters for September 20.

Central Bureau of Investigation (CBI) Special Judge O.P. Saini, who has earlier reserved its judgement in the case, said that on account of voluminous and technical record of the case, files were still under perusal and it might take substantial time.

The court listed the matter for September 20 for seeking further clarification.

 

The CBI has alleged that the promoters of the Essar Group were the real investors and beneficiaries of the spectrum and licences issued to Loop Telecom, which was used as a front company by Essar to acquire 2G licences and spectrum in 2008.

Essar and Loop promoters are facing trial for hatching conspiracy to cheat government for obtaining spectrum licence.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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2G case hearing against Essar, Loop promoters deferred

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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