SC Dismisses Anticipatory Bail Plea Of DHFL Promoters In YES Bank Case
Money & Banking
PTI
New Delhi |
Updated on
June 26, 2020
Published on
June 26, 2020
The Supreme Court, on Friday, dismissed the anticipatory bail pleas of DHFL promoters Dheeraj Wadhawan and Kapil Wadhawan in a money-laundering case of YES Bank being probed by the Enforcement Directorate (ED).
The Wadhawans, now arrested, have challenged the Bombay High Court’s May 12 order rejecting their plea for pre-arrest bail.
A Bench of Justices Sanjay Kishan Kaul and BR Gavai dismissed a batch of four pleas after senior advocate Mukul Rohatgi, appearing for the Wadhawans, said that he was not pressing his prayer for relief.
Solicitor General Tushar Mehta, appearing for the ED, said that both the accused have been arrested and, hence, their plea for anticipatory bail becomes infructous.
The Bench dismissed the pleas as withdrawn.
Published on
June 26, 2020
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PTI
New Delhi |
Updated on
The Supreme Court, on Friday, dismissed the anticipatory bail pleas of DHFL promoters Dheeraj Wadhawan and Kapil Wadhawan in a money-laundering case of YES Bank being probed by the Enforcement Directorate (ED).
The Wadhawans, now arrested, have challenged the Bombay High Court’s May 12 order rejecting their plea for pre-arrest bail.
A Bench of Justices Sanjay Kishan Kaul and BR Gavai dismissed a batch of four pleas after senior advocate Mukul Rohatgi, appearing for the Wadhawans, said that he was not pressing his prayer for relief.
Solicitor General Tushar Mehta, appearing for the ED, said that both the accused have been arrested and, hence, their plea for anticipatory bail becomes infructous.
The Bench dismissed the pleas as withdrawn.
Published on
A letter from the Editor
Dear Readers,
The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill.
In these difficult times, we, at BusinessLine, are trying our best to ensure the newspaper reaches your hands every day. You can also access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute.
But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.
I appeal to all our readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. You can help us by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section.
Our subscriptions start as low as Rs 199/- per month. A yearly package costs just Rs. 999 – a mere Rs 2.75 per day, less than a third the price of a cup of roadside chai..
A little help from you can make a huge difference to the cause of quality journalism!
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