December 5, 2014 2:14:41 am
The Supreme Court on Thursday reserved its verdict on petitions by Bharti Cellular Ltd CMD Sunil Bharti Mittal and Essar Group promoter Ravi Ruia against an order to summon them in a case related to allocation of additional spectrum in 2002.
A three-judge bench headed by Chief Justice HL Dattu reserved the judgement after senior advocate FS Nariman, appearing for Mittal, contended that a managing director cannot be held vicariously liable for a criminal offence of a company unless there was concrete evidence to show his complicity.
Nariman told the bench that there was nothing unusual in the alleged assertion that Mittal had meetings with then telecom minister Pramod Mahajan and then telecom secretary Shyamal Ghosh.
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