Court asks Enforcement Directorate to file a status report; next hearing scheduled for October 15.

Delhi HC Seeks ED’s Response on Nayan Raheja’s Plea to Quash Money Laundering Case.

The Delhi High Court has sought the Enforcement Directorate’s (ED) response to a petition filed by Nayan Raheja, son of the chairman of Raheja Developers, seeking to quash a 2022 money laundering case against him. The case arises from the delayed delivery of around 4,600 residential flats, where Raheja Developers allegedly collected ₹2,699.13 crore from homebuyers and diverted ₹1,353.26 crore for purposes unrelated to construction. According to the ED, Nayan Raheja received ₹1.23 crore from the alleged proceeds of crime. Justice Purushaindra Kumar Kaurav issued notices to the ED and the central government, directing them to file a status report. The court also recorded Raheja’s undertaking to cooperate fully with the investigation and fixed the next hearing for October 15. Raheja contends he was wrongly implicated, citing exoneration in two predicate FIRs and settlement of the third case.