NARESH AGGARWAL vs DIRECTORATE OF ENFORCEMENT

Judgment text excerpt

$~11 to 13 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of Decision: 14.05.2026 + CRL.M.C. 7536/2025 & CRL.M.A. 31546/2025 NARESH AGGARWAL .....Petitioner Through: Mr. Avi Singh, Senior Advocate with Mr. Aditya Dewan and Ms. Himangi Kapoor, Advocates. versus DIRECTORATE OF ENFORCEMENT .....Respondent Through: Mr. Vivek Gurnani, Panel Counsel for ED with Mr. Pranjal Tripathi and Ms. Tanvi Jain, Advocates. 12 + CRL.REV.P. 154/2025 & CRL.M.A. 12143/2025 M/S COMPACT CAPITAL LIMITED .....Petitioner Through: Mr. Kartik Yadav, Mr. Manhar Singh and Mr. Pareesh Virmani, Advocates. versus DIRECTORATE OF ENFORCEMENT .....Respondent Through: Mr. Anupam S. Sharrma, Special Counsel (through videoconferencing) with Ms. Harpreet Kalsi, Mr. Vashishth Rao, Mr. Abhiyant Singh and Ms. Amisha P. Dash. Advocates. 13 + CRL.REV.P. 190/2025 & CRL.M.A. 14538/2025 CRL.M.C. 7536/2025, CRL.REV.P. 154/2025 & 190/2025 Page 1 of 3 pages Digitally signed by GIRISH KATHPALIA GIRISH DN: c=IN, o=HIGH COURT OF DELHI, 2.5.4.20=8401dd889b27a77b2f65ffffe4afec4556 9af3962c6fb4835d435f97626cacca, ou=HIGH COURT OF DELHI,CID - 7047638, KATHPALIA postalCode=110003, st=Delhi, serialNumber=d3e86796451ec45c07b5d155709 Signature Not Verified 96b40f80cbd2eee60402c487965ff801e26fa, cn=GIRISH KATHPALIA Date: 2026.05.14 05:32:26 +05'30' Digitally Signed By:RAHUL YADAV Signing Date:14.05.2026 17:37:01 M/S. KALPTARU FINCAP LIMITED .....Petitioner Through: Mr. M. A. Niyazi, Ms. Anamika Ghai, Ms. Kirti Kumari and Ms. Nehmat Sethi, Advocates. versus DIRECTORATE OF ENFORCEMENT .....Respondent Through: Mr. Anupam S. Sharrma, Special Counsel (through videoconferencing) with Ms. Harpreet Kalsi, Mr. Vashishth Rao, Mr. Abhiyant Singh and Ms. Amisha P. Dash. Advocates. CORAM: JUSTICE GIRISH KATHPALIA J U D G M E N T (ORAL) 1. The