SACHIN GAUR vs UNION OF INDIA & ORS.

Judgment text excerpt

$~2 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 7967/2022 and CM APPL. 38814/2022, CM APPL. 22290/2023, CM APPL. 33469/2023, CM APPL. 66934/2024, CM APPL. 3151/2025, CM APPL. 14402/2025, CM APPL. 56108/2025 & CM APPL. 31002/2026 Date of Decision: 08.05.2026 IN THE MATTER OF: SACHIN GAUR .....Petitioner Through: Mr. Tanmay Mehta, Mr. Manan Popli, Mr. Gaurav Jain, Mr. Atul Malhotra, Ms. Nupur Sharma, Ms. Karuna Sharma, Ms. Apurva Gaur, Mr. Pramendra Singh, Ms. Priya Tripathi, Advocates. versus UNION OF INDIA & ORS. .....Respondents Through: Mr. Syed Abdul Haseeb, CGSC with Mr. Muhammad Aamir Khan and Mr Syed Abdur Rahman, Advocates. CORAM: HON’BLE MR. JUSTICE PURUSHAINDRA KUMAR KAURAV JUDGEMENT PURUSHAINDRA KUMAR KAURAV, J. (ORAL) 1. The petitioner, Mr. Sachin Gaur, has filed the present writ petition seeking quashing of a Look Out Circular (“LOC”) issued at the instance of the Serious Fraud Investigation Office (“SFIO”), which is investigating the affairs of Jaiprakash Associates Limited and its subsidiary Jaypee Infratech Limited. The petitioner herein, was the whole-time-director in Jaypee Signature Not Verified Signature Not Verified Signed By:PRIYA Signed Signing Date:16.05.2026 By:PURUSHAINDRA 15:18:50 KUMAR KAURAV Infratech Limited from 21.04.2007 to 31.01.2011 and whole-time-director & CFO from 01.02.2011 to 21.12.2016. It is submitted that the petitioner left the company Jaypee Infratech Limited and resigned from all positions vide resignation letter dated 10.12.2016. The petitioner then started working in M/s Kram Infracon Private Limited as is currently designated as Executive President. 2. It is the case of the petitioner that he received summons for the first time on 15.02.2021 under Section 217 of the Companies Act, 2013 from the office of the SFIO,