A Special PMLA Court in Mumbai, while granting bail to Yes Bank co-founder Rana Kapoor in a 400-Crore loan fraud case, questioned the selective targeting of Rana Kapoor by the CBI, noting the omission.
The court also said last month, Chief Justice of India D Y Chandrachud had expressed concern about the reluctance of the district courts to grant bail.
A special CBI court granted bail to Yes Bank co-founder Rana Kapoor, criticizing the CBI for failing to start his trial promptly. The court argued that Kapoor s continued detention without trial, especially given his health issues and previous bail in other cases, would amount to a "pre-trial conviction." Kapoor, arrested in March 2020, was released from jail after bail in eight cases. The CBI had accused Kapoor of malpractices in loans to the Avantha Group and a property purchase at below-market rates.