All the five individual accused submitted that they have deep roots in the society and have responded to first summons of the court.
They said there was no allegation that they tried to influence the witnesses and prayed to be released on bail.
Counsel for Ahluwalia argued that as far as the allegation of mentioning wrong figures of net worth of the company was concerned, it was a bonafide mistake and no malafide intention was there.
He contended that there was no evidence that Ahluwalia and KSSPL conspired with public servants in any manner or obtained any undue favour.
The advocate representing Goyal argued that he was a Chartered Accountant by profession and an external auditor of the company and there was no allegation of misrepresentation or misstatement in the audit report done by him.
On October 13, the court had summoned six accused including Gupta, Samaria, Kropha and KSSPL.
Refusing to accept the CBI's closure report, the special court had observed that the probe carried out by it was “sketchy” and its conclusion “apparently wrong”.
The court, in its detailed order had noted that no cognisance of offences under the Prevention of Corruption Act could be taken against Kropha and Samaria for want of sanction as they are still in government service.
According to the CBI, KSSPL had allegedly given false statement about its annual turnover for two financial years that is 2004-05 and 2005-06 in their application form while applying for coal block allocation.
CBI had earlier told the court that officials of KSSPL had furnished unaudited balance sheet and allegedly inflated the capacity to produce sponge iron by 25 per cent.
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