The Delhi High Court on Wednesday issued notice to Enforcement Directorate (ED) on Former Managing Director and CEO of YES Bank Rana Kapoor s bail petition in Rs 466.51-crore money laundering case being probed by the agency.
Former Managing Director and CEO of YES Bank Rana Kapoor moved a bail petition to Delhi High Court on Tuesday in a Rs 466.51-crore money laundering case being probed by the Enforcement Directorate (ED).
The Delhi High Court on Friday reserved the order on a bail application of Gautam Thapar, Avantha Group promoter in a money laundering case linked to an alleged bank loan fraud of Rs 515 crore.
A Delhi Court on Thursday allowed the bail applications moved on behalf of employees of the Avantha Group Companies, who have been arraigned as co-accused in an alleged case of wrongful loss to YES Bank, to the tune of rupees Rs 466.51 crore, registered by the Enforcement Directorate(ED).
Get latest articles and stories on India at LatestLY. A Delhi Court on Thursday allowed the bail applications moved on behalf of employees of the Avantha Group Companies, who have been arraigned as co-accused in an alleged case of wrongful loss to YES Bank, to the tune of rupees Rs 466.51 crore, registered by the Enforcement Directorate(ED). India News | Avantha Group Loan Case: Court Grants Bail to Several Employees, Denies Bail to Rana Kapoor.