2G scam: Loop, Essar promoters fail to appear before Supreme Court

Promoters of Loop Telecom and Essar Group on Wednesday failed to appear before the Supreme Court in connection with a summons related to the 2G spectrum scam case.

According to reports, I.P. Khaitan, Kiran Khaitan, Anshuman Ruia and Ravi Ruia sought exemption from attending the apex court proceedings scheduled for today.

Essar's Director for strategy and planning Vikas Saraf, however, appeared before the apex court bench.

The Supreme Court had last week refused to grant an interim stay on summons issued against Loop Telecom and the Essar Group.

The two telecom firms have maintained in their petitions that charges of cheating and criminal conspiracy levelled against them as per provisions of the Indian penal Code (IPC) should be heard by a magistrate and not by a special court constituted under the Prevention of Corruption Act to hear the 2G case.

The Central Bureau of Investigation (CBI) has accused both promoters of criminal conspiracy. (ANI)

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