The court was of the opinion that it will issue summonses to the respondents only after the initial inquiry establishes a case.
In New Delhi, the Congress demanded that Modi set up a commission of inquiry comprising two sitting Supreme Court judges and ask Shah to step aside as BJP president to ensure a fair investigation into the allegations against his son. He said Mehta had sought Law Minister Ravi Shankar Prasad's permission to appear for Jay and the approval had been granted.
Jay Shah, In a press statement issued hours after The Wire released the story, said, "The article makes false, derogatory and defamatory imputation against me by creating in the minds of right-thinking people an impression that my business owes its "success" to my father Shri Amitbhai Shah's political position".
This, The Wire imputes, was illegal and beyond the inference of logical business growth. "Both the actions will be field at Ahmedabad, where I stay, on my business and where the cause of action has arisen". The Wire.in mentions that Piyush Goyal, the current Union railways minister, was in charge of the ministry of new and renewable energy when the LC worth Rs 10.35 crore was extended to Jay Shah's Kusum Finserve.
The Congress immediately questioned why a government minister had been sent in to defend allegations against a private businessman. What was there in the one room office of Temple Enterprises that its rent was shown as Rs 80 lakh?
Number of Congress workers, carrying placards and banners, shouted slogans against the BJP president and the financial impropriety committed by the company of Amit Shah's son.
On IREDA, OpIndia says the public enterprise is meant "to promote, develop and extend financial assistance for renewable energy and energy efficiency/conservation projects".
Controversy was fuelled further after a senior government lawyer, Mr Tushar Mehta, the additional solicitor general, received official clearance to represent Mr Jay Shah in the defamation case.
The report also claimed that a stock trading firm owned by Jay had obtained a PSU loan and was into wind power generation.