Kapoor, on his part, never initiated any proceeding to protract the trial nor did he restrict the ED s proceedings before this court. The ED too did not contend that bail applications filed by Kapoor are causing delay in the investigation, the court said. In the bail application filed through advocates Rahul Agarwal and Jasmine Purani, Kapoor said he was in prison for more than three-and-half years, half the period of maximum sentence prescribed for the offence under the PMLA.
In March 2020, the Enforcement Directorate (ED) detained Kapoor, 65, the former MD and CEO of the private bank, under the Prevention of Money Laundering Act (PMLA), , yes bank, rana kapoor
Bombay High Court Denies Sanjay Chhabria s Plea, Rejects Delay Condonation In Yes Bank-DHFL Fraud Case freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Dewan Housing Finance Corporation: A bench comprising Justices Bela M Trivedi and Satish Chandra Sharma was told by Additional Solicitor General (ASG) S V Raju, appearing for the CBI, that the charge sheet in the case was filed well within the 90 days statutory period and yet the statutory bail was granted to the accused.
Trends on the GIFT Nifty indicate a positive start for the broader index in India, with a gain of 44.50 points or 0.23 percent. The Nifty futures were trading around the 19,005.50 level.