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A Delhi court has ruled that the Enforcement Directorate (ED) cannot treat summons served at the Delhi residence of real estate businessman Amit Katyal as valid service on his son, Krishan Katyal, who is a foreign national residing overseas. In its order issued earlier this week, the court held that the agency must follow the prescribed legal procedure for serving notices on individuals living abroad. The case forms part of the ED’s money laundering investigation into alleged homebuyer fraud linked to the Krrish Florence Estate project in Gurugram’s Sector 70. The ruling clarifies that Krishan Katyal is neither an accused in the predicate offence nor in the money laundering case currently under investigation.
A Delhi court has held that the Enforcement Directorate (ED) cannot regard summons served at the Delhi residence of real estate businessman Amit Katyal as valid service on his son, Krishan Katyal, who resides overseas. In an order issued earlier this week, Additional Sessions Judge Sheetal Chaudhary Pradhan directed that the agency must follow the legal procedure prescribed for serving notices on individuals living outside India.
The court was hearing an application filed by Amit Katyal seeking directions restraining the ED from treating summons delivered at his Delhi address as valid service on his son. He also requested the court to direct the agency to adopt the due process applicable to foreign nationals residing abroad.
In its order dated July 8, the court observed that Krishan Katyal is not an Indian citizen and is not an accused in the predicate offence. It held that service of summons at Amit Katyal’s address on August 1, 2025, and August 19, 2025, could not be considered valid service on Krishan Katyal. The court stated that the ED was required to follow the established legal procedure for serving notices on a person residing outside India.
The court further noted that Krishan Katyal is not an accused in either the scheduled offence or the money laundering case being investigated by the ED. Referring to submissions made on behalf of Amit Katyal through letters sent to the agency in August 2025, the court recorded that Krishan Katyal had been living outside India since 2017 and did not reside at the applicant’s address. Consequently, the summons could not be deemed to have been validly served by being delivered at that address.
The proceedings arise from an ongoing money laundering investigation linked to alleged cheating of homebuyers in Gurugram. The ED arrested Amit Katyal in November last year under the Prevention of Money Laundering Act (PMLA). He was taken into custody by the agency’s Gurugram zonal office in connection with the investigation. Amit Katyal had also been arrested by the ED in 2023 in a separate money laundering case related to the alleged railways land-for-jobs scam involving RJD chief Lalu Prasad, his wife Rabri Devi and other family members, before later securing bail.
The latest investigation concerns allegations relating to the non-delivery of flats in the Krrish Florence Estate project spread across more than 14 acres in Sector 70, Gurugram. The development was undertaken by Amit Katyal’s company, Angle Infrastructure Pvt Ltd.
According to the ED, Amit Katyal fraudulently obtained a project licence from another developer and began collecting funds from prospective buyers before receiving approval from the Directorate of Town and Country Planning (DTCP), Haryana. The agency alleged that this generated proceeds of crime amounting to approximately INR 300 crore.
The investigation also alleged that fraudulent bookings were made in a project earmarked for central government employees and that project funds were diverted for other purposes, resulting in construction delays. The ED further accused Amit Katyal of alienating approximately two acres of licensed land, valued at around INR 130 crore, at undervalued rates during insolvency proceedings, describing the transactions as a misuse of the Insolvency and Bankruptcy Code (IBC). It also alleged that fraudulent transactions involving loans from a public sector bank caused losses of about INR 80 crore to the lender.
Separately, the ED filed a chargesheet in August 2025 in a third case alleging that homebuyers were cheated of around INR 500 crore through Krrish Realtech, of which Amit Katyal is the promoter.
Source - PTI
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