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JP Group Downfall: ED’s recent action against JP Group MD Manoj Gaur has once again brought it into limelight. This question has started arising in the mind of the common man that how a company got ruined after reaching great heights and what was the reason behind it.
New Delhi. There is no doubt that after independence, Jaypee Group has played an important role in developing infra projects in the country, especially in UP and National Capital Region. Jaypee Group, which was once among the largest companies in the infra sector, is bankrupt today. A case of money laundering including fraud is also going on against the company and the Enforcement Directorate has also started action. Now the question is that how can a company go into the trough after reaching such heights. When did it begin and what caused its decline?
Before telling you the story of the rise and fall of Jaypee Group, let us give you some information about its importance and successes. Jaypee Group is the same company that built the historic Rihand Dam in Sonbhadra district of UP. If you go to Noida from Lucknow or Agra, the Yamuna Expressway and Buddha Circuit in between, where Formula 1 car racing took place for the first time in the country, that track has also been built by this company. Apart from this, dozens of projects have been successfully completed by Jaypee Group.
ED, Delhi Zonal Office has today i.e. 13/11/2025 arrested Manoj Gaur, former Executive Chairman and Chief Executive Officer of M/s Jaiprakash Associates Ltd. (JAL) and former Chairman and Managing Director of M/s Jaypee Infratech Ltd. (JIL), under PMLA, 2002 in a matter related… pic.twitter.com/cJOtTijIXT
