New Delhi [India], November 30 (ANI): The Delhi High Court on Tuesday issued notice to ED on bail plea of Avantha Group promoter Gautam Thapar arrested in connection with a money laundering case relating to an alleged bank loan fraud case.

Justice Manoj Kumar Ohri asked ED to file a reply on the Thapar bail plea and listed the matter for further hearing on December 20.

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Thapar is currently undergoing judicial custody. The earlier trial court had dismissed his bail plea.

ED had arrested Avantha Group promoter Gautam Thapar in a money laundering case following searches at multiple locations in Delhi and Mumbai.

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An ECIR has been registered against Gautam Thapar, Avantha Realty Ltd., Oyster Buildwell Pvt. Ltd. and others, alleging criminal breach of trust, cheating, criminal conspiracy and forgery for diversion/misappropriation of public money during the period 2017 to 2019. (ANI)

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