Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Companies / Essar Group promoter Ravi Ruia denied permission to visit London
BackBack

Essar Group promoter Ravi Ruia denied permission to visit London

The Central Bureau of Investigation told a special court hearing the 2G scam case that Ravi Ruia has nothing substantive to do in London

Ravi Ruia. Photo: Ramesh Pathania/MintPremium
Ravi Ruia. Photo: Ramesh Pathania/Mint

New Delhi: Essar Group promoter Ravi Ruia, facing trial in a case arising out of the 2G scam probe, has been denied permission to travel abroad by a special court which said allegations in the matter were of “very serious nature" and he has nothing substantive to do in London.

Special Central Bureau of Investigation (CBI) judge O.P. Saini dismissed his plea in which he had sought the court’s permission to go to London from 7 February to 14 March to spend time with his family there.

The court allowed a separate plea filed by Essar Group director (strategy and planning) Vikash Saraf, a co-accused in the case, seeking permission to travel to Dubai from 22 February to 6 March for his professional obligations.

While dismissing Ruia’s plea, the court said, “The accused is facing trial in a case in which allegations are of a very serious nature. In such a situation, permitting the accused to travel abroad without any good reason may not be prudent, more so, when he has nothing substantive to do in London."

“He (Ruia) has been permitted to travel abroad previously on several occasions but only on his making out a case necessitating such visit. As submitted by senior public prosecutor, the case is at the final stage and final arguments for the accused are being heard," the judge said.

During the arguments on Ruia’s plea, his counsel told the court that previously also his client was permitted to travel abroad and he had complied with all the conditions which were imposed upon him.

The lawyer said the case was not listed for hearing from 7 February to 14 March and presence of Ruia was not required. However, the CBI sought dismissal of Ruia’s plea saying it was not supported with any valid documents and being a resourceful person, he may misuse the liberty if permitted to go abroad.

The CBI said Ruia has nothing substantive to do in London except spending time with his family and this was not a ground for permission to travel abroad when the case is at its fag end. PTI

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 14 Feb 2016, 08:05 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie