Manoj Gaur, Executive Director of Jaiprakash Associates Ltd and former CMD of Jaypee Infratech, surrendered before judicial authorities after his interim bail expired. He was arrested in November 2025 by the Enforcement Directorate in a Rs 13,800 crore money-laundering case linked to funds from 25,000 homebuyers.
Jaiprakash Associates Limited has confirmed that its Executive Director, Manoj Gaur, surrendered to judicial authorities on February 19, 2026, following the expiration of his interim bail. The surrender comes amid ongoing investigations by the Enforcement Directorate (ED) into alleged money laundering involving Jaypee Infratech Ltd and Jaiprakash Associates Ltd.
Gaur was arrested in November 2025 in connection with a Rs 13,800 crore money-laundering case, which allegedly involved diversion of funds belonging to nearly 25,000 homebuyers. His interim bail had been granted on medical grounds related to his mother’s health but was not extended further by the courts.
Key highlights from the development include
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Manoj Gaur surrendered to judicial authorities on February 19, 2026
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Interim bail expired after being granted on medical grounds
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Arrested in November 2025 in Rs 13,800 crore money-laundering case
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Case linked to diversion of funds affecting 25,000 homebuyers
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Disclosure made by Jaiprakash Associates Ltd under SEBI regulations
Industry observers note that the surrender marks a critical stage in the high-profile case, which has left thousands of homebuyers awaiting justice. The ED continues to pursue charges under the Prevention of Money Laundering Act, with further hearings expected in the coming weeks.
Sources: The Indian Express, ANI, FilingReader, Economic Times