SC issues notice to former Unitech promoter Sanjay Chandra’s wife Preeti Chandra today

Preeti Chandra, the wife of former Unitech promoter Sanjay Chandra, received notice from the Supreme Court on Friday in response to an Enforcement Directorate (ED) petition challenging the Delhi High Court’s decision giving Preeti Chandra bail.

The Delhi High Court’s decision to grant Preeti Chandra bail was placed on hold in the interim by a bench of justices on vacation that included Hima Kohli and Rajesh Bindal.

Preeti Chandra was instructed by the court to submit a response to the ED’s appeal of the Delhi High Court’s ruling. The Delhi High Court’s decision to grant Preeti Chandra bail in the money laundering case was challenged by the Enforcement Directorate in an appeal to the Supreme Court.

Preeti Chandra, the wife of former Unitech promoter Sanjay Chandra, was granted bail by the Delhi High Court on Wednesday in a case involving money laundering. The Delhi High Court, at the request of the ED’s attorney, stated that the ruling might not take effect until Friday since the ED must contest it.

Last year, when they were collecting money from home buyers for housing projects, the ED detained Ramesh Chandra, the founder of the Unitech Group, Preeti Chandra (Sanjay Chandra’s wife), and Rajesh Malik of the Carnoustie Group. The ED claims that the sum was not utilised for the intended purpose, nevertheless. The trial court declined Preeti Chandra’s request for bail in November 2022.

The ED claims that Unitech Ltd., where the co-accused Ajay Chandra and Sanjay Chandra are Directors and the accused Ramesh Chandra is the Chairman, collected money from home buyers for housing projects.