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\n\"The judgement will assuage concerns among corporate leaders regarding misuse of judicial process. It will help re-instill confidence among investors and corporates, especially at a time when India is looking to attract fresh investments and increase growth,\" Essar said in a statement.
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The Supreme Court<\/a> today set aside the order of the special court summoning Ruia and Bharti Cellular CMD Sunil Bharti Mittal<\/a> as accused in a corruption case related to allocation of additional spectrum during NDA rule in 2002.
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\nEssar said the order \"is a vindication of our position that we have not violated any law,\" and \"the judgement re-establishes that the directors and the shareholders cannot be made vicariously liable in criminal matters.\"
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\nStating that Essar is a \"responsible corporate citizen\" and has always acted within the ambit of law and followed all regulations, the group said it has made investments in the core sectors of the economy in excess of Rs 1 lakh crore in India and provided employment directly and indirectly to over 1 lakh people.
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There is an ongoing case relating to issue of telecom licence with spectrum issued to Khaitan Group owned Loop Telecom<\/a> and Essar Group<\/a> promoters in 2008.
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\n\"There is no charge regarding corruption or misconduct of public officials against either Essar or Khaitan group. We are confident that our stand in that case will also be eventually upheld and as such this matter should not have been part of 2G which relates only to corruption,\" Essar said.\n\n<\/body>","next_sibling":[{"msid":45830831,"title":"No Supreme Court relief for Vodafone, Airtel on licence renewal","entity_type":"ARTICLE","link":"\/news\/industry\/no-supreme-court-relief-for-vodafone-airtel-on-licence-renewal\/45830831","category_name":null,"category_name_seo":"industry"}],"related_content":[],"msid":45831932,"entity_type":"ARTICLE","title":"Supreme Court order allays concerns of corporates: Essar Group","synopsis":"'The judgement will assuage concerns among corporate leaders regarding misuse of judicial process'","titleseo":"industry\/supreme-court-order-allays-concerns-of-corporates-essar-group","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2015-01-10 17:39:52","lastupd":"2015-01-10 19:21:23","breadcrumbTags":["industry","Sunil Bharti Mittal","Supreme Court","Essar Group","Ravi Ruia","Loop Telecom"],"secinfo":{"seolocation":"industry\/supreme-court-order-allays-concerns-of-corporates-essar-group"}}" data-authors="[" "]" data-category-name="Industry" data-category_id="18" data-date="2015-01-10" data-index="article_1">
新德里消息:爱萨集团今天说,最高法院留出一个特别法庭召唤它的副主席拉维·鲁雅将“缓和问题的企业领导人关于滥用司法程序”。
“审判将会缓和忧虑企业领导人关于滥用司法程序。它将帮助re-instill投资者和企业的信心,尤其是在印度正在吸引新的投资和增长,增加“Essar在一份声明中说。
的最高法院今天预留的特别法庭召唤鲁亚和Bharti细胞CMD苏尼尔•巴帝•米塔尔指控在腐败案有关分配额外的频谱在NDA统治2002年。
Essar说秩序”是我们的立场,我们的证明没有违反任何法律,“和”的判断还是董事和股东不能在刑事案件代理的责任。”
说明Essar是一个“负责任的企业公民”,一直是在范围内的法律和法规,该集团表示,它已投资经济的核心行业超过1十万的卢比在印度和提供直接和间接就业超过十万的人。
有一个正在进行的情况下有关电信牌照问题与频谱发给Khaitan集团控股循环电信和爱萨集团2008年启动子。
“没有收取关于腐败或不当行为的公共官员反对Essar或者比组。我们相信,我们站在这种情况下也将最终支持,因此这件事不应该被2 g仅涉及腐败的一部分,”Essar说。
“审判将会缓和忧虑企业领导人关于滥用司法程序。它将帮助re-instill投资者和企业的信心,尤其是在印度正在吸引新的投资和增长,增加“Essar在一份声明中说。
的最高法院今天预留的特别法庭召唤鲁亚和Bharti细胞CMD苏尼尔•巴帝•米塔尔指控在腐败案有关分配额外的频谱在NDA统治2002年。
Essar说秩序”是我们的立场,我们的证明没有违反任何法律,“和”的判断还是董事和股东不能在刑事案件代理的责任。”
说明Essar是一个“负责任的企业公民”,一直是在范围内的法律和法规,该集团表示,它已投资经济的核心行业超过1十万的卢比在印度和提供直接和间接就业超过十万的人。
有一个正在进行的情况下有关电信牌照问题与频谱发给Khaitan集团控股循环电信和爱萨集团2008年启动子。
“没有收取关于腐败或不当行为的公共官员反对Essar或者比组。我们相信,我们站在这种情况下也将最终支持,因此这件事不应该被2 g仅涉及腐败的一部分,”Essar说。
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