Petitioner lacks standing to challenge money laundering investigation into Rs. 600 crores IREO Group case

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....HC dismissed petitioner's writ petitions challenging ED's investigation into alleged Rs. 600 crores money laundering involving IREO Group. Court held petitioner lacked locus standi under Article 226 as neither a homebuyer nor person aggrieved by corporate mismanagement. Petitions failed PIL requirements under Delhi HC PIL Rules 2010. Court refused court-monitored investigation, finding ED actively pursuing investigation at homebuyers' instance under Special Court PMLA Panchkula supervision with appropriate attachment orders issued. Petitioner failed to demonstrate ED inaction warranting judicial oversight. Court noted petitioner's suppression of material facts, misrepresentation of court orders, and false declarations regarding investor status constituted approaching court with unclean hands. All petitions dismissed for lack of locus standi and non-maintainability.....