Two SRS promoters declared fugitive offenders in fraud case
The order, dated January 15, follows an application by the ED’s Gurugram Zonal Office seeking FEO status for Garg, Jindal, and Praveen Kumar Kapoor, another SRS director.
They were declared proclaimed offenders by the special court on June 6, 2025. FARIDABAD-based real estate firm SRS Group’s promoter-directors Jitender Kumar Garg and Sunil Jindal have been declared fugitive economic offenders (FEOs) by a special court in Gurugram in connection with the ED investigation against the firm, which has been accused of cheating investors and banks to the tune of Rs 2,200 crore, said agency officials.
The order, dated January 15, follows an application by the ED’s Gurugram Zonal Office seeking FEO status for Garg, Jindal, and Praveen Kumar Kapoor, another SRS director.
“Sunil Jindal and Jitender Kumar Garg have failed to appear in this court despite due service of summons as envisaged under Section 10 of the Fugitive Act, therefore… (they) are hereby declared as Fugitive Economic Offenders under Section 12(1) of the Fugitive Economic Offenders Act, 2018, as contemplated by Section 2(1) (f)(i) and (ii) of the Act,” said Vani Gopal Sharma, Special Judge (under PMLA cum-Sessions Judge) Gurugram. While Kapoor was deported to India on November 1, 2025, following a Red Corner Notice issued by Interpol at the ED’s behest, Garg and Jindal remain absconding in Georgia and Dubai, UAE, respectively.
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