No HC stay on ED attachment of Holiday Inn

NEW DELHI: The Delhi high court declined to interfere with the proceedings of the Enforcement Directorate (ED), which is readying to confirm the provisional attachment of hotel Holiday Inn in Aerocity, observing that the company running it was being controlled and managed by Aditya Talwar, son of lobbyist Deepak Talwar, both of whom are facing money laundering charges.
ED provisionally attached Holiday Inn, worth over Rs 120 crore and operated by Wave Hospitality, in a money laundering case against theTalwars.
A bench comprising Chief Justice Rajendra Menon and Justice Brijesh Sethi said it would not be appropriate to exercise its discretion in favour of people “against whom there are serious allegations of money laundering and who are prima facie found to be not cooperating in the matter of investigation and inquiry into the matter”.