New Delhi [India], January 10 (ANI): Manoj Gaur, former CMD, Jaypee Infratech Ltd, has filed a daily bail plea in Patiala House Court in a cash laundering case.
He was arrested by the Enforcement Directorate (ED) in a case registered in 2018, and has been working in judicial custody since November 18, 2025. He was arrested on November 13, 2025.
The bail software has been moved by means of advocate Farrukh Khan. The plea highlights that Gaur is 61 years outdated and has a 30-year medical historical past.
The bail software is prone to be heard by the Patiala House Court on Monday.
It is said that Gaur’s detention, considered within the backdrop of an eight-year-old ED case, documentary allegations, absence of non-public achieve, statutory divestment of management over corporations, and severe medical infirmities, is grossly disproportionate and violative of Articles 14 and 21 of the Constitution of India.
It is additional submitted that continued incarceration of Manoj Gaur, regardless of the absence of any investigative necessity, would quantity to punishment previous to conviction and would offend the settled precept that bail is the rule and jail is the exception, significantly in circumstances involving extended investigation and trial.
Gaur has deep roots in society and has substantial household, social, {and professional} ties throughout the jurisdiction of this Court, the plea mentioned.
On November 13, the Court granted ED 5 days of custody of Gaur.
ED had submitted that it’s a money-laundering case involving the funds of Home Buyers. Accused individuals collected Rs. 13,000 crores however didn’t use the identical to present lodging to house patrons.
Counsel for the accused opposed the ED’s remand software. It was submitted that the ECIR was lodged in 2018. An arrest has been made after nearly seven years.
Advocate Khan submitted that the ECIR is from 2018, and questioned what prevented the ED from 2018 to 2025. Now, Gaur has been illegally arrested.
The counsel had additional submitted that the accused appeared earlier than the ED and cooperated within the investigation. He additionally despatched an e mail to the IO and requested one other date to seem.
He was referred to as and was made to take a seat until 8 at night time, the counsel added. JayPee Infratech Ltd. (JIL) went into insolvency in 2017, and the movement was handed.
It was additionally submitted that there is no such thing as a evasion by Gaur. He is a sick man. The counsel questioned why the person needs to be taken into custody when the corporate has been dissolved.
‘The first FIR was lodged in 2017, and my assertion was recorded thereafter. We are on the finish of 2025, and the counsel for the accused has argued.’
ED had mentioned that it arrested Gaur, former Executive Chairman and Chief Executive Officer of M/s Jaiprakash Associates Ltd. (JAL) and former Chairman and Managing Director of M/s Jaypee Infratech Ltd. (JIL), below Section 19 of the Prevention of Money Laundering Act (PMLA), 2002.
The arrest came about following an in depth investigation and evaluation of proof gathered through the ongoing probe, an ECIR recorded by the ED below the PMLA, in reference to the Jaypee Group, the company mentioned in a launch.
It can be mentioned that the ED initiated an investigation towards the Jaypee group on the premise of a number of FIRs registered by the Economic Offences Wings (EOW) of Delhi and Uttar Pradesh Police, primarily based on complaints filed by homebuyers of Jaypee Wishtown and Jaypee Greens initiatives, alleging legal conspiracy, dishonest, and legal breach of belief towards the corporate and its promoters.
The company alleged that funds collected from 1000’s of homebuyers for the development and completion of residential initiatives have been diverted for non-construction functions, leaving the homebuyers defrauded and their initiatives incomplete.
The ED investigation revealed that out of roughly Rs. 14,599 Crore collected by JAL and JIL from homebuyers (as per claims admitted by NCLT), substantial quantities have been diverted for non-construction functions and siphoned off to associated group entities and trusts, together with Jaypee Sewa Sansthan (JSS), M/s Jaypee Healthcare Ltd. (JHL), and M/s Jaypee Sports International Ltd. (JSIL), the ED mentioned.
The investigation additionally revealed that Manoj Gaur is the Managing Trustee of Jaypee Sewa Sansthan (JSS), which acquired a part of the diverted funds, the company claimed.
Earlier, on May 23, 2025, the ED had performed search operations at 15 areas in Delhi, Noida, Ghaziabad, and Mumbai, together with the workplaces and premises of M/s Jaiprakash Associates Ltd. and M/s Jaypee Infratech Ltd.
During the searches, ED seized a big quantity of monetary and digital data, together with paperwork evidencing the offence of cash laundering and diversion of funds, ED mentioned.
The company has alleged that the investigation has established Gaur’s central position within the planning and execution of the fund diversion by means of a fancy internet of transactions throughout the Jaypee Group and its related entities. (ANI)