Mohali, July 29 -- A local court allowed jailed Royale Estate Group promoters Neeraj Kansal and Parveen Kumar to execute a general power of attorney (GPA) in favour of Piyush Kansal, the latter's son, to manage the group's real estate business and complete statutory formalities while making it clear that the move should not affect the ongoing investigation.

The court passed the order after the duo lodged in Central Jail, Patiala, filed an application. The Enforcement Directorate (ED) had arrested them in a money laundering case.

In their application, the accused submitted that they are engaged in real estate development through Royale Estate Group and associated with projects in Banur, Zirakpur and Kharar. They told the court that they ...