The Bombay High Court on Thursday denied bail to Yes Bank founder Rana Kapoor in the Yes Bank-DHFL loan fraud case.Justice PD Naik reasoned that Kapoor is facing serious allegation of laundering.
Yes Bank case: No bail for Kapil and Dheeraj Wadhawan from Mumbai metropolitan court
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Last Updated: Jan 08, 2021, 08:08 PM IST
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They further submitted that arguments of kickbacks or quid pro quo did not stand any longer as the charges under the Prevention of Corruption Act against main accused and Yes Bank founder Rana Kapoor had been dropped due to want of sanction.
CBI bring Kapil and Deeraj Wadhawan to Session count at Mumbai
MUMBAI: A Mumbai metropolitan court on Friday refused to grant bail to
DHFL promoters Kapil Wadhawan and Dheeraj Wadhawan in connection with the Yes Bank fraud case being probed by the CBI. Advocate Pranav Badheka, appearing for the Wadhawans, confirmed that their bail had been rejected.