CHANDIGARH: ED has told Punjab and Haryana HC that the bail granted to IREO MD Lalit Goyal , who is accused of money laundering and cheating, may be cancelled by the court as he had violated the bail conditions by disposing of his properties. In a submission before HC, ED gave the instance of two land deals to argue that Goyal's bail must be cancelled as the deals amounted to 'contravention' on his part, which required HC's attention. ED cited the deal for sale of 14.
8 acres of land in Gurgaon by Commander Realtor Private Limited to Oberoi Realty Limited, Mumbai, for Rs 597 crore through a sale deed dated May 8, 2024, and sale of 28.49 acres of land to DLF Home Developers Ltd (DHDL) for Rs 1,241 crore by IREO Pvt Ltd. In its submission to the court, ED said: "The issue raised by the petitioner of manipulation in the date of transfer and subsequent upload on MCA website is a matter of concern and it will be investigated in coordination with MCA/SFIO where Lalit Goyal and IREO group are a matter of investigation.
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