Essar personnel exercised control in Loop Telecom Ltd: CBI
CBI Wednesday told a special court that Essar group offficials were exercising control in Loop Telecom Ltd (LTL), a "front company", to bag 2G spectrum licences in violation of a provision under the Unified Access Services Licences (UASL) guidelines.
Aug 05, 2015, 18:16 PM IST
2G case: Promoters of Loop Telecom Ltd face court's ire
Promoters of Loop Telecom Ltd Monday faced the ire of special 2G court for allegedly concealing the fact regarding change of official liquidator, dealing with the issue of winding up of Loop Mobile India Ltd, with the judge warning that their bail could be cancelled for such an act.
Aug 03, 2015, 22:46 PM IST
Essar created 'corporate veil' to conceal holding in Loop: CBI
Special public prosecutor Anand Grover said the money in entire transactions was transferred through various entities and most of it came from Essar Group companies, especially accused firm Essar Tele Holding Ltd (ETHL).
Jul 02, 2015, 17:51 PM IST
