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Wednesday, February 15, 2012

No Stay For Essar, Loop In 2G, SC To Decide Jurisdiction Issue

The Supreme Court today refused to grant interim stay on the summonses issued against Essar Group and Loop Telecom but agreed to hear their pleas challenging the jurisdiction of a special court which took cognizance of the chargesheet against them in the case arising out of the CBI probe into 2G spectrum scam.

“We would quash the proceedings if we come to the conclusion that the court has no jurisdiction to hear the case,” a bench of justices G S Singhvi and S J Mukhopadhaya said asking them to appear before the trial court on February 22.

From: http://ping.fm/5bi5G

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