The Trial Court, hearing the 2G scam case, has charged all the 17 accused with a criminal breach of trust. Some of the related stocks have had a subdued performance for the news.
Corporate tax lawyer HP Ranina indicated that the markets are unlikely to be affected by framing of charges on the 2G case. He also pointed out that fresh charge-sheets are expected in next few weeks and few will be filed by mid-December. "December would be a crucial month," he told CNBC-TV18 in an interview.
However, he mentioned that the accused are expected to get bail soon. Here is the edited transcript of his interview. Also watch the accompanying video. Q: How do you read developments over the weekend? Some of parties affected seem to suggest that there is no big change?
A: One didn
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