In the corruption charges involving Dewan Housing Financial Limited, a special court in Mumbai has granted temporary bail to Yes Bank founder Rana Kapoor’s wife, Bindu Kapoor, and daughter Radha Kapoor (DHFL).
In 2020, the Central Bureau of Investigation (CBI) filed a first information report (FIR) against DHFL promoters and Kapoor, alleging violations of the Prevention of Corruption Act.
It identified Kapoor and his other daughter, Roshini Kapoor, as defendants in its major charge sheet.
Bindu and Radha Kapoor were identified as defendants in a supplemental charge sheet filed by the CBI in August 2021. The two applicants appeared on September 4, 2021, in response to a summons issued by the Special CBI Court.
Advocate Vijay Aggarwal, who represented the two applicants, requested bail on the grounds that the charge sheet in the case had been prepared without their knowledge. Aggarwal requested bail for his client in light of the Supreme Court’s decision in the case of Aman Preet Singh v. CBI.
He said that the court had already used its discretion to issue summonses to his clients, demonstrating that they didn’t need to be arrested. The fact that the petitioners were granted bail by the Special Judge in the money laundering case being probed by the Enforcement Directorate in December 2020 corroborated it.
The public prosecutor (PP) claimed that the bail application was lengthy and requested more time to respond. PP’s plea while also granting temporary bail to the applicants and setting a date for the case to be heard on September 8, 2021.