New Delhi [India], January 24 (ANI): Patiala House Court on Saturday granted 14 days’ interim bail to former CMD of Jaypee Infratech Ltd., Manoj Gaur, citing the deteriorating well being situation of his mom.
Gaur, who has been in judicial custody since November 18, 2025, was arrested by the Enforcement Directorate (ED) on November 13, 2025, in reference to a 2018 cash laundering case involving the alleged diversion of Rs 13,000 crore.
Additional Sessions Judge (ASJ) Dhirender Rana granted interim bail to Manoj Gaur on two sureties of Rs 5 lakh every.
Senior advocate Siddharth Luthra and advocate Farrukh Khan, representing Manoj Gaur, argued that the well being situation of Manoj Gaur’s mom is deteriorating daily as she is outdated and requires dialysis. ‘She may be very weak and affected by numerous medical illnesses. He desires to be along with his mom,’ they mentioned.
On the opposite hand, Special Public Prosecutor (SPP) Atul Tripathi opposed the bail plea and submitted that there are different members to take care of her.
The common bail utility has additionally been filed. It can be pending earlier than the court docket after arguments on the identical.
It is highlighted within the plea that Gaur is 61 years of age and has a 30-year medical historical past.
It is acknowledged that Gaur’s detention, considered within the backdrop of an eight-year-old ED case, documentary allegations, absence of private acquire, statutory divestment of management over corporations, and critical medical infirmities, is grossly disproportionate andviolative 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, notably in circumstances involving extended investigation and trial.
Manoj 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 the ED 5 days’ custody of Manoj Gaur.
ED had submitted that it’s a cash laundering case associated to the cash of Home Buyers. Accused individuals collected Rs. 13000 crores however didn’t use the identical to present lodging to residence patrons.
Counsels for the accused had opposed the remand sought by the ED. It was submitted that the ECIR was lodged in 2018. An arrest has been made after nearly seven years.
Advocate Farrukh Khan had submitted that the ECIR is of 2018. ‘What stopped 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 electronic 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 evening, the counsel added. Jaypee Infratech Ltd. (JIL) went into insolvency in 2017, and the movement was handed.
It was additionally submitted that there isn’t any evasion on the a part of Manoj Gaur. He is a sick man. When an organization is dissolved, why ought to the person be despatched into custody, counsel questioned.
First FIR was lodged in 2017, and thereafter. My assertion has been recorded, We are within the yr 2025, counsel for the accused had argued.
ED had mentioned that it arrested Manoj 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 happened following an in depth investigation and evaluation of proof gathered throughout the ongoing probe in an ECIR recorded by the ED below 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 idea of a number of FIRs registered by the Economic Offences Wings (EOW) of Delhi and Uttar Pradesh Police, based mostly on complaints filed by homebuyers of Jaypee Wishtown and Jaypee Greens tasks, alleging prison conspiracy, dishonest, and prison breach of belief towards the corporate and its promoters.
It has been alleged that the funds collected from 1000’s of homebuyers for the development and completion of residential tasks have been diverted for functions apart from development, leaving the homebuyers defrauded and their tasks incomplete, the company added.
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. (ANI)
It has additionally been revealed throughout the investigation 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 23 May 2025, the ED had performed search operations at 15 places in Delhi, Noida, Ghaziabad, and Mumbai, together with the places of work and premises of M/s Jaiprakash Associates Ltd. and M/s Jaypee Infratech Ltd. During the searches, ED seized a big quantity of economic and digital information, together with paperwork evidencing the offence of cash laundering and diversion of funds, ED mentioned.
The company has alleged that the investigation has established the central position of Manoj Gaur within the planning and execution of the fund diversion by a posh internet of transactions throughout the Jaypee Group and its related entities. (ANI)