Chandigarh, Oct. 16 -- The Punjab and Haryana High Court on Friday dismissed the regular bail plea of Sanjeev Arora, who was arrested by the Enforcement Directorate (ED) on May 9, 2026, in an alleged money laundering case linked to alleged irregularities in mobile phone exports worth approximately Rs.102.50 crore.

Justice Kuldeep Tiwari pronounced the order, holding that Arora had failed to make out a case for grant of regular bail. The court examined the material placed on record by the ED, including alleged links between the accused company, its suppliers and overseas buyers based in the United Arab Emirates (UAE).

According to the ED's allegations, Hampton Sky Realty Limited (HSRL), a company primarily associated with real estate, en...