CBI court reserves order on Loop’s plea to refer matter to Lok Adalat

During the arguments, CBI said they were opposing the plea filed by Loop Telecom but the probe agency would abide by the order passed by the court.

A special CBI court Friday reserved for March 22 its order on a plea filed by Loop Telecom Limited seeking directions for referring the matter to Lok Adalat for “settlement” in a case arising out of the 2G scam probe.

Special CBI Judge OP Saini fixed the matter for orders after hearing the arguments advanced by Loop Telecom, CBI and the Department of Telecommunication (DoT) on the issue.

During the arguments, CBI said they were opposing the plea filed by Loop Telecom but the probe agency would abide by the order passed by the court.

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Additional Solicitor General Rajeeve Mehra, who appeared for the DoT, also said the department was not a party to the case and they would abide by the order.

Senior advocate Mukul Rohatgi, appearing for Loop Telecom, argued the company was facing trial for the alleged offence under section 420 (cheating) read with 120-B (criminal conspiracy) and these offences are compoundable.