Section 19 Prevention of Money Laundering Act

High Court Upholds ED Arrest Under Section 19 PMLA, Ruling ECIR as Internal Administrative Record: Punjab & Haryana HC - 2026-01-29

Subject : Criminal Law - Money Laundering Investigation

High Court Upholds ED Arrest Under Section 19 PMLA, Ruling ECIR as Internal Administrative Record: Punjab & Haryana HC

BY Supreme Today News Desk,

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Real Estate Moguls Face Legal Setback: Punjab & Haryana HC Validates ED Arrest

In a significant ruling for investigative agencies, the High Court of Punjab and Haryana has dismissed petitions challenging the arrest of real estate promoters from the Ramprastha Group, reinforcing the limited scope of judicial intervention in money laundering investigations.

The Backdrop: A Trail of Unfinished Projects

Arvind Walia and co-accused Sandeep Yadav, both promoters of M/s Ramprastha Promoters & Developers Pvt. Ltd. (RPDPL), found themselves at the center of a storm involving the alleged diversion of homebuyer funds. With over 2,600 flats and plots remaining undelivered despite the collection of approximately ₹1,100 crores, the Directorate of Enforcement (ED) stepped in. The agency alleged that the company systematically siphoned off these funds into group and non-group entities, effectively generating "proceeds of crime" under the Prevention of Money Laund

arrest-validity - money-laundering - judicial-review - predicate-offence - procedural-compliance - investigation

#PMLA #MoneyLaundering

Case Title: Arvind Walia vs Directorate of Enforcement - 2025 Supreme(Online)(P&H) 26442

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