Delhi HC seeks ED stand on Nayan Raheja's plea against money laundering case

The Delhi High Court has requested the Enforcement Directorate (ED) to respond to Nayan Raheja's petition seeking to quash a 2022 money laundering case linked to the delayed delivery of 4,600 flats. Raheja, son of the chairman of Raheja Developers, is accused of diverting ₹1,353.26 crore for non-construction purposes from funds collected from homebuyers. The court has scheduled the next hearing for October 15, 2026, while Raheja has pledged to cooperate fully with the ED.

Read the source (ET Realty)

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