The Supreme Court (SC) has rejected pleas of Essar Teleholdings Ltd and its promoters challenging the Special CBI court's jurisdiction to hold trial against them in the 2G spectrum scam case.
On September 22, the SC had reserved its verdict on a petition filed by Essar and its promoters Ravi and Anshuman Ruia contending that since there is no offence made out against them under Prevention of Corruption Act, Special 2G Court had no jurisdiction to prosecute them in the case.
The company had submitted that the magisterial court had the jurisdiction to try them as they have been only charge sheeted for conspiracy and cheating under sections 120B and 420 of the Indian Penal Code (IPC).
However, the CBI opposed their plea, saying the firm and its promoters were trying to scuttle the trial that was in an advanced stage.
Moreover, CBI had also opposed their second plea for joint trial with other accused in the main 2G spectrum scam case involving former Telecom Minister A Raja, saying this will lead to further delaying of criminal proceedings for 4 more years.