Who is Sanjeev Jain? Parsvnath Developers CEO arrested after 60 km chase from Delhi airport

New Delhi: The managing director and CEO of Parsvnath Developers Private Limited Sanjeev Jain was arrested by the Delhi Police Special Task Force (STF) following a high-speed chase that covered 60 kilometers and ended at Delhi International Airport.

The pursuit began after Jain allegedly attempted to evade arrest, leading to his capture at the airport. Deputy Commissioner of Police (Shahdara) Surendra Choudhary confirmed that Jain was arrested on Saturday by the STF team from Shahdara at IGI Airport. 

This arrest followed non-bailable warrants issued against him due to his failure to appear before the National Consumer Disputes Redressal Commission.

The warrants were issued in connection with a consumer complaint filed by Rajat Babbar in 2017. 

Jain had multiple pending warrants, including four non-bailable and one bailable, at the Shahdara police station. 

The latest non-bailable warrant was issued on July 18, 2024, after Jain failed to attend the commission.

Who is Sanjeev Jain?

• Sanjeev Jain has been affiliated with Parsvnath Developers Private Limited for over 32 years.
• He currently resides in DLF Phase 2, Gurugram.
• Parsvnath Developers, established in 1984, operates across 37 cities in 13 states throughout India.
• Jain who earned his bachelor's degree in civil engineering from Bharti Vidyapeeth in Pune completed his schooling at Jain Khekra Inter College in Khekra, Uttar Pradesh.

- With inputs from agencies

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