Delhi High Court issues notices after ED, CBI seek hearing in 2G case
Counsel for ED told the high court that the 2G case was of national importance. The agency said the attached properties should not be released till appeals filed by CBI and ED against the acquittal are ruled upon by the high court.

The high court has given them a week to respond to the notices.
In a related development, ED opposed a plea by two companies for release of their attached properties. A trial court acquitted them in a money laundering case linked to the alleged 2G spectrum scandal, but ED has not released the properties yet.
Counsel for ED told the high court that the 2G case was of national importance. The agency said the attached properties should not be released till appeals filed by CBI and ED against the acquittal are ruled upon by the high court.

Additional solicitor general Sanjay Jain, appearing for ED, argued that the accused “cannot keep the pot boiling only to enjoy the flavour. They have to assist the court” in adjudication of appeals against the acquittal.
Conwood Construction & Developers and Eversmile Construction Company petitioned the high court in May seeking release of assets. They alleged that the agency had attached more assets than required.
ED does not want the properties to be released as it apprehends creation of third-party rights.
Opposing ED’s plea, advocate Vijay Aggarwal, counsel for one of the companies, described its stand as “absurd and uncalled for.” Aggarwal said the companies were willing to furnish indemnity bond and bank guarantee, but the properties attached by ED should be released.
The court reserved its order on the pleas seeking release of properties.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.