CBI files chargesheet against Yes Bank founder Rana Kapoor, wife Bindu, Gautam Thapar in Rs 1,700-cr loan scam
3 years, 3 months ago

CBI files chargesheet against Yes Bank founder Rana Kapoor, wife Bindu, Gautam Thapar in Rs 1,700-cr loan scam

India Today  

The Central Bureau of Investigation on Friday filed a chargesheet against Yes Bank’s former chief Rana Kapoor, wife Bindu Kapoor, promoter of Avantha Reality Gautam Thapar and others in connection with an alleged loan scam of over Rs 1,700 crore. “It was further alleged that the property was mortgaged to Yes Bank Limited against a loan of Rs 400 crore given to a Avantha Reality Limited promoted by Gautam Thapar,” officials said. Rana Kapoor allegedly extended additional loan of Rs 1,360 crore to Avantha Reality Limited and other companies of Gautam Thapar after the acquisition of the property. Rana Kapoor, his wife Bindu along with her company Bliss Abode Private Limited Private Limited, Gautam Thapar and his company Avantha Reality Limited have been charged for forgery, cheating and criminal conspiracy by the CBI in its chargesheet.

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History of this topic

CBI books six in home loan fraud in Chennai; says developer inflated valuation
1 month ago

CBI books six in home loan fraud in Chennai; says developer inflated valuation

New Indian Express  

CHENNAI: CBI anti-corruption bureau on Wednesday held searches in Tambaram related to a fraud case filed against six people, including an NRI, for duping SBI and diverted sanctioned home loans worth Rs 3.67 crore, which later became non-performing assets. According to FIR, CBI named P Arivalagan, director of Atchaya Royal Infrastructure, as first accused and B Jayachandran, Suryanarayanan, D Santosh, …

ED attaches ₹678 crore worth assets of Gautam Thapar-owned Avantha Group
4 months, 3 weeks ago

ED attaches ₹678 crore worth assets of Gautam Thapar-owned Avantha Group

Hindustan Times  

MUMBAI: Businessman Gautam Thapar-owned Avantha Group’s assets worth more than ₹678 crore has been attached by the Enforcement Directorate in a ₹2,435 crore-worth loan fraud case under the Prevention of Money Laundering Act. Businessman Gautam Thapar-owned Avantha Group’s assets worth more than ₹ 678 crore has been attached by the Enforcement Directorate in a ₹ 2,435 crore-worth loan fraud case …

CBI arrests Dheeraj Wadhawan in Rs 34,000 crore DHFL bank fraud investigation
7 months, 3 weeks ago

CBI arrests Dheeraj Wadhawan in Rs 34,000 crore DHFL bank fraud investigation

India TV News  

The Central Bureau of Investigation made a significant breakthrough on Tuesday as it apprehended Dheeraj Wadhawan in connection with the Rs 34,000 crore DHFL bank fraud probe. SEBI's actions In February of this year, the Securities Exchange Board of India took action by ordering the attachment of bank accounts, shares, and mutual fund holdings belonging to former DHFL promoters Dheeraj …

Yes Bank co-founder Rana Kapoor gets bail in bank fraud case after four years
8 months, 3 weeks ago

Yes Bank co-founder Rana Kapoor gets bail in bank fraud case after four years

The Hindu  

April 19, 2024 05:33 pm | Updated April 20, 2024 01:41 am IST - Mumbai A special court in Mumbai granted bail to Yes Bank co-founder Rana Kapoor on Friday. Mr. Kapoor’s lawyer Rahul Agarwal said, “The case in brief is that Yes Bank Ltd was accused of misappropriation of the impugned loan amount and through Bliss Abode Private Limited …

Already Undergone Minimum Sentence In Prison Without Trial: PMLA Court Grants Bail To Yes Bank Founder Rana Kapoor
1 year ago

Already Undergone Minimum Sentence In Prison Without Trial: PMLA Court Grants Bail To Yes Bank Founder Rana Kapoor

Live Law  

A Special Court under the Prevention of Money Laundering Act has granted bail to Yes Bank founder Rana Kapoor invoking section 436A of the Criminal Procedure Code – which talks about an under-trial having undergone half of the maximum imprisonment possible. Special PMLA judge M G Deshpande, while granting bail to Kapoor, observed, “Till date the applicant has undergone custody …

PMLA court rejects Roshni Kapoor’s plea for foreign travel
1 year, 1 month ago

PMLA court rejects Roshni Kapoor’s plea for foreign travel

Hindustan Times  

MUMBAI: A special Prevention of Money Laundering Act court on Thursday rejected former Yes Bank CEO Rana Kapoor’s daughter Roshni Kapoor’s application for a 14-day trip to Paris. Mumbai, India - March 11, 2020: Roshini Kapoor daughter of Yes Bank founder Rana Kapoor outside Enforcement Directorate office, in Mumbai, India, on Wednesday 11 Mar, 2020. Rana Kapoor was arrested in …

Enough material against Naresh Goyal to process money laundering case: Court
1 year, 2 months ago

Enough material against Naresh Goyal to process money laundering case: Court

India Today  

A special court in Mumbai said on Friday that there was sufficient material to "prima facie establish the involvement" of Jet Airways founder Naresh Goyal and his wife in a money laundering case linked to an alleged bank fraud of Rs 538 crore. "The materials accompanying the Prosecution Complaint prima facie indicate how the proceeds of crime were generated through …

Court allows former Yes Bank CEO Rana Kapoor's wife to travel abroad
1 year, 2 months ago

Court allows former Yes Bank CEO Rana Kapoor's wife to travel abroad

Hindustan Times  

A special court in the city has permitted Bindu Kapoor, 65, wife of former Yes Bank CEO Rana Kapoor, to travel abroad for 10 days for the treatment of multiple orthopaedic problems. Yes Bank founder Rana Kapoor is under investigation for suspected money laundering worth ₹ 4300 crore. He allegedly entered into a criminal conspiracy with the Wadhawan brothers - …

Yes Bank-DHFL loan fraud case: Court allows Dheeraj Wadhawan to receive treatment at pvt hospital
1 year, 5 months ago

Yes Bank-DHFL loan fraud case: Court allows Dheeraj Wadhawan to receive treatment at pvt hospital

Hindustan Times  

MUMBAI: A special court hearing the Yes Bank - DHFL loan fraud case has allowed Dewan Housing Finance Corporation Ltd promoter Dheeraj Wadhawan to receive treatment for his heart-related ailments at Lilavati Hospital. The Wadhawan brothers were first arrested by the Central Bureau of Investigation in connection with the Yes Bank - DHFL fraud on April 26, 2020, and have …

Ex-ICICI Bank CEO Chanda Kochhar got Rs 64 crore illegal gratification: CBI
1 year, 6 months ago

Ex-ICICI Bank CEO Chanda Kochhar got Rs 64 crore illegal gratification: CBI

India Today  

The Central Bureau of Investigation asked the Bombay High Court to take cognisance of its charge sheet, claiming that former ICICI Bank CEO and MD Chanda Kochhar "misappropriated the bank's funds for her own use" and got Rs 64 crore as "illegal gratification". The central probe agency said the amount was transferred through a complex structure involving various companies of …

Videocon loans fraud case: ICICI Bank grants CBI sanction to prosecute Chanda Kochhar
1 year, 7 months ago

Videocon loans fraud case: ICICI Bank grants CBI sanction to prosecute Chanda Kochhar

Hindustan Times  

The Central Bureau of Investigation on Wednesday informed a special court that ICICI Bank had granted the agency sanction to prosecute its former managing director and chief executive officer Chanda Kochhar in connection with a case of alleged irregularities in granting loans to six of Videocon Group firms promoted by Venugopal Dhoot. Photograph: ABHIJIT BHATLEKAR/MINT The bank’s board of directors …

Yes Bank-DHFL Loan Fraud Case: Bombay High Court Rejects Second Bail Plea By Rana Kapoor
1 year, 8 months ago

Yes Bank-DHFL Loan Fraud Case: Bombay High Court Rejects Second Bail Plea By Rana Kapoor

Live Law  

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 public money, and refused bail on ground of long incarceration. According to the prosecution, Kapoor, using his position as Yes Bank CEO, conspired with Dheeraj Wadhwan and …

ED Opposes Bail Heavily But Takes No Step To Begin Trial: Mumbai Court While Granting Bail To Yes Bank Founder In 200 Cr Loan Fraud Case
1 year, 8 months ago

ED Opposes Bail Heavily But Takes No Step To Begin Trial: Mumbai Court While Granting Bail To Yes Bank Founder In 200 Cr Loan Fraud Case

Live Law  

A PMLA court in Mumbai granted bail to Yes Bank Founder Rana Kapoor in a Rs 200 Crore loan fraud case. The court found it “astonishing” that the ED never arrested Rakesh and Sarang Wadhawan, HDIL Promoters, and other top Yes Bank officials despite attributing similar roles to them in the crime. Further, ED started looking for this information only …

ICICI Bank loan fraud: CBI files charge sheet against Kochhars, Dhoot
1 year, 9 months ago

ICICI Bank loan fraud: CBI files charge sheet against Kochhars, Dhoot

India Today  

The CBI has filed a charge sheet against former MD and CEO of ICICI Bank Chanda Kochhar, her husband Deepak Kochhar and Videocon Group founder Venugopal Dhoot in a Rs 3,250 crore loan fraud case, officials said on Saturday. The CBI has moved to file its final report before a special court in Mumbai without the mandatory requirement of sanction …

Land-for-job case | Delhi court grants bail to Lalu Prasad, Rabri Devi, Misa Bharti
1 year, 9 months ago

Land-for-job case | Delhi court grants bail to Lalu Prasad, Rabri Devi, Misa Bharti

The Hindu  

A Delhi court on Wednesday granted bail to former Union Minister Lalu Prasad, his wife and former Bihar Chief Minister Rabri Devi, and 14 others in connection with a case related to the alleged land-for-job scam. While summoning the accused, including Mr. Prasad’s daughter Misa Bharti, the court maintained that prima facie it had been observed that there was commission …

Land for job scam case: Delhi's Rouse Avenue Court grants bail to Lalu Yadav, Rabri Devi and Misa Bharti
1 year, 9 months ago

Land for job scam case: Delhi's Rouse Avenue Court grants bail to Lalu Yadav, Rabri Devi and Misa Bharti

India TV News  

Land for job scam case : Delhi's Rouse Avenue Court today granted bail to former railway minister and Rashtriya Janata Dal national president Lalu Prasad Yadav, his wife and former Bihar chief minister Rabri Devi, and daughter Dr Misa Bharti in connection with a case related to the alleged land-for-job scam. Summon to Lalu & his family: Special judge Geetanjali …

ICICI Bank-Videocon loan case: Bombay High Court grants interim bail to Venugopal Dhoot
1 year, 11 months ago

ICICI Bank-Videocon loan case: Bombay High Court grants interim bail to Venugopal Dhoot

India Today  

The Bombay High Court has granted interim relief to Videocon Group chairman Venugopal Dhoot in the ICICI Bank - Videocon loan case. The Central Bureau of Investigation on December 26, 2022 has arrested Videocon Group promoter Venugopal Dhoot in the ICICI loan fraud case. READ | ICICI-Videocon loan case: Chanda Kochhar, husband Deepak Kochhar released from Mumbai jail The case …

ICICI-Videocon loan case: Chanda Kochhar, husband Deepak Kochhar released from Mumbai jail
2 years ago

ICICI-Videocon loan case: Chanda Kochhar, husband Deepak Kochhar released from Mumbai jail

India Today  

Former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar have been released from jail in Mumbai after getting bail in a loan fraud case. Deepak Kochhar has also been released from the Arthur Road prison. ICICI bank-Videocon loan fraud case| Ex-ICICI CEO Chanda Kochhar released from Byculla Prison & her husband Deepak Kochhar released from Arthur …

ICICI-Videocon loan scam: Bombay HC grants bail to Chanda Kochhar, her husband Deepak Kochhar
2 years ago

ICICI-Videocon loan scam: Bombay HC grants bail to Chanda Kochhar, her husband Deepak Kochhar

Firstpost  

The court observed that the arrest of the Kochhar couple was not in accordance with the law and hence allowed them to be released from judicial custody on a cash bail of Rs 1 lakh each Mumbai: The Bombay High Court on Monday allowed the release of former ICICI Chief Executive Officer Chanda Kochhar and her husband Deepak Kochhar accused …

Former ICICI Bank CEO Chanda Kochhar, husband Deepak granted bail in money laundering case
2 years ago

Former ICICI Bank CEO Chanda Kochhar, husband Deepak granted bail in money laundering case

India TV News  

Former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar were granted bail in the Videocon loan fraud case by the Bombay High Court on Monday. The order was passed on petitions filed by Chanda Kochhar and her husband challenging their arrest by the CBI in connection with the bank loan case. The CBI had named Chanda Kochhar, Deepak …

Delhi High Court Grants Bail To Yes Bank's Former MD Rana Kapoor In Money Laundering Case
2 years, 1 month ago

Delhi High Court Grants Bail To Yes Bank's Former MD Rana Kapoor In Money Laundering Case

Live Law  

The Delhi High Court on Friday granted bail to Yes Bank co-founder Rana Kapoor in a money laundering case being probed by Enforcement Directorate with regard to the alleged wrongful loss of around Rs 466.51 Crores to the bank.Justice Sudhir Kumar Jain allowed the bail plea filed by Rana. The Delhi High Court on Friday granted bail to Yes Bank …

Yes Bank Co-founder Rana Kapoor Gets Bail in Money Laundering Case
2 years, 1 month ago

Yes Bank Co-founder Rana Kapoor Gets Bail in Money Laundering Case

News 18  

In a big relief for Yes Bank Co-founder Rana Kapoor, the Delhi High Court today granted him bail in a Rs 466.51-crore money laundering case registered by the Enforcement Directorate. The ED has accused that Kapoor, his family members and others got benefits worth Rs 4,300 crore through companies controlled by his family as kickbacks for sanctioning huge loans. According …

Delhi High Court grants regular bail to Yes Bank's former MD Rana Kapoor in Rs 466 crore money laundering case
2 years, 1 month ago

Delhi High Court grants regular bail to Yes Bank's former MD Rana Kapoor in Rs 466 crore money laundering case

India TV News  

Money laundering case: The Delhi High Cout granted regular bail to former Managing Director and CEO of YES Bank Rana Kapoor in a matter related to Rs 466.51 crore money laundering case. The Enforcement Directorate Chargesheet, which involved Yes Bank's Rana Kapoor and Avantha group promoter Gautam Thapar in a money laundering case, was brought before the trial court in …

Yes Bank-DHFL Scam: ED Attaches Rs 415-Cr Assets Of 2 Builders in India's Largest Bank Fraud Case
2 years, 5 months ago

Yes Bank-DHFL Scam: ED Attaches Rs 415-Cr Assets Of 2 Builders in India's Largest Bank Fraud Case

News 18  

The Enforcement Directorate said on Wednesday said assets worth Rs 415 crore of arrested Maharashtra builders Avinash Bhosale and Sanjay Chhabria have been attached. The attached assets of Chhabria are in the form of a land parcel located in Santacruz, Mumbai worth Rs 116.5 crore, 25 per cent equity shares of Chhabria’s company held in a land parcel located in …

CBI Files Charge Sheet Against Builder Avinash Bhosale in Yes Bank-DHFL Scam
2 years, 5 months ago

CBI Files Charge Sheet Against Builder Avinash Bhosale in Yes Bank-DHFL Scam

News 18  

The CBI has filed a charge sheet against noted Pune-based builder Avinash Bhosale and his companies in connection with the Yes Bank-DHFL scam, officials said on Monday. The agency has also named Satyan Gopaldas Tandon, Metropolis Hotels LLP, ABIL Infraprojects Pvt Ltd, ABIL Hospitality Pvt Ltd, Arindam Developers, Avinash Bhosale Group and Flora Developments Ltd in connection with the case …

Yes Bank-DHFL scam case: CBI arrests ABIL group chairman Avinash Bhosale
2 years, 7 months ago

Yes Bank-DHFL scam case: CBI arrests ABIL group chairman Avinash Bhosale

India TV News  

Highlights CBI arrested Avinash Bhosale, chairman of real estate group ABIL group in Yes Bank-DHFL scam case. The CBI on Thursday arrested Avinash Bhosale, chairman of Pune-based real estate group ABIL group, in an alleged corruption case involving Yes Bank founder Rana Kapoor and Kapil Vadhawan of DHFL, officials said. According to the CBI FIR, the scam started taking shape …

Yes Bank-DHFL scam: CBI searches premises of prominent realtors in Mumbai, Pune
2 years, 8 months ago

Yes Bank-DHFL scam: CBI searches premises of prominent realtors in Mumbai, Pune

India TV News  

Highlights CBI conducted massive raids at eight premises in Mumbai and Pune in DHFL-Yes Bank case Premises belong to Avinash Bhosale and Shahid Balwa, who was named in 2G scam and later acquitted Radius Developers owe over Rs 3,000 crore to DHFL. It had taken loan to finance a project in Mumbai Yes Bank-DHFL scam: The CBI on Saturday began …

CBI arrests Mumbai-based realtor Sanjay Chhabria in Yes Bank-DHFL corruption case
2 years, 8 months ago

CBI arrests Mumbai-based realtor Sanjay Chhabria in Yes Bank-DHFL corruption case

India TV News  

Highlights CBI had registered case in 2020 against Kapoor and Kapil Wadhawan of DHFL Yes Bank invested Rs 3,700 crore in short-term debentures of DHFL In return, Wadhawan allegedly "paid kickback of Rs 600 crore" The CBI on Thursday arrested Mumbai-based realtor Sanjay Chhabria in connection with a case of alleged corruption against Yes Bank founder Rana Kapoor and Dewan …

BJP, Congress in war of words over Rana Kapoor’s MF Husain painting statement
2 years, 8 months ago

BJP, Congress in war of words over Rana Kapoor’s MF Husain painting statement

Hindustan Times  

Union minister and BJP leader Anurag Thakur on Sunday slammed the Congress over Yes Bank promoter Rana Kapoor's allegations against the grand old party, demanding "answers”. Yes Bank founder Rana Kapoor “The Congress should answer to this that a banker used to buy Congress leaders paintings in crores of rupees. Senior Congress leader Abhishek Manu Singhvi accused the BJP of …

Rana Kapoor, Gandhis, MF Hussain, Yes Bank, and the painting that connects them
2 years, 8 months ago

Rana Kapoor, Gandhis, MF Hussain, Yes Bank, and the painting that connects them

Op India  

On April 23, it was revealed that disgraced banker Rana Kapoor has admitted in front of the Enforcement Directorate that he was forced to buy an MF Hussain painting from Priyanka Gandhi Vadra for Rs 2 crores. Reports suggested the Income Tax department has found an alleged nexus between former Yes Bank promoter Rana Kapoor and Gandhi-scion Priyanka Gandhi Vadra. …

Ex-Yes Bank chief Rana Kapoor says he was forced to buy MF Hussain by Priyanka Gandhi for 2 crores
2 years, 8 months ago

Ex-Yes Bank chief Rana Kapoor says he was forced to buy MF Hussain by Priyanka Gandhi for 2 crores

Op India  

In a stunning revelation, Yes Bank co-founder Rana Kapoor has disclosed that he was forced to buy an MF Husain painting from Congress leader Priyanka Gandhi. Sale proceeds were used to fund Sonia’s treatment: Rana Kapoor Yes Bank co-founder Rana Kapoor, who is accused of money laundering, also revealed that the Gandhi family utilised the sale proceeds for medical treatment …

Yes Bank’s former CEO Rana Kapoor says was forced to buy painting from Priyanka
2 years, 8 months ago

Yes Bank’s former CEO Rana Kapoor says was forced to buy painting from Priyanka

Hindustan Times  

Mumbai Yes Bank founder Rana Kapoor has claimed in a statement to the Enforcement Directorate that he was pushed to buy a MF Husain painting from Priyanka Gandhi Vadra, and that he was promised one of the country’s top civilian awards in return. Yes Bank founder Rana Kapoor The statement, recorded by ED on March 9 and 10, 2020, added …

Yes Bank-DHFL case: Rana Kapoor, Wadhawans laundered money worth ₹5,050 crore, says ED
2 years, 8 months ago

Yes Bank-DHFL case: Rana Kapoor, Wadhawans laundered money worth ₹5,050 crore, says ED

The Hindu  

The Enforcement Directorate has alleged that Yes Bank co-founder Rana Kapoor and Dewan Housing Finance Limited promoters Kapil and Dheeraj Wadhawan siphoned off funds worth ₹5,050 crore through suspicious transactions. The ED said this in its second supplementary charge sheet filed in special court in Mumbai recently against Rana Kapoor, his family, Wadhawans and others in a money laundering case. …

Yes Bank Fraud Case: Bombay High Court Grants Bail To Avantha Group Promoter Gautam Thapar
2 years, 9 months ago

Yes Bank Fraud Case: Bombay High Court Grants Bail To Avantha Group Promoter Gautam Thapar

Live Law  

The Bombay High Court on Friday granted bail to Avantha Group promoter Gautam Thapar accused in a case being investigated by the CBI regarding his alleged involvement in a loan fraud against Yes bank. According to CBI, co-accused Rana Kapoor, founder MD & CEO of Yes Bank, obtained illegal gratification in the form of a property in New Delhi at …

Yes Bank Loan Fraud Case: Delhi High Court Dismisses Bail Plea Of Avantha Group Promoter Gautam Thapar
2 years, 10 months ago

Yes Bank Loan Fraud Case: Delhi High Court Dismisses Bail Plea Of Avantha Group Promoter Gautam Thapar

Live Law  

The Delhi High Court on Wednesday dismissed the bail plea filed by Avantha Group Promoter Gautam Thapar in connection with the Yes Bank loan fraud case. The Court heard Senior Advocate Mukul Rohatgi appearing for Thapar in the matter. Thapar was arrested in August last year in connection to the allegations of misappropriation of funds granted by Yes Bank in …

PMLA Court Grants Bail To Yes Bank Founder Rana Kapoor, Bindu Kapoor And Gautam Thapar
2 years, 10 months ago

PMLA Court Grants Bail To Yes Bank Founder Rana Kapoor, Bindu Kapoor And Gautam Thapar

Live Law  

A special court in Mumbai has granted bail to nine accused including Yes Bank founder Rana Kapoor, his wife Bindu and businessman Gautam Thapar in a case related to property sale in Delhi. According to the FIR Rana Kapoor, then MD and CEO of Yes Bank, obtained illegal gratification in the form of a property belonging to Avantha Realty Ltd …

Yes Bank co-founder Rana Kapoor gets bail from PMLA court in Rs 300 crore property fraud case
2 years, 10 months ago

Yes Bank co-founder Rana Kapoor gets bail from PMLA court in Rs 300 crore property fraud case

Firstpost  

Kapoor, however, will not walk out of jail as he is in judicial custody in connection with other fraud cases. The ED arrested Kapoor on money laundering charges in 2020 Mumbai: A special PMLA court here on Wednesday granted bail to Yes Bank founder Rana Kapoor, businessman Gautam Thapar and seven others in a case pertaining to the sale of …

Delhi High Court Seeks Response Of Enforcement Directorate On Rana Kapoor's Bail Plea In Money Laundering Case
2 years, 10 months ago

Delhi High Court Seeks Response Of Enforcement Directorate On Rana Kapoor's Bail Plea In Money Laundering Case

Live Law  

The Delhi High Court on Wednesday sought response of the Enforcement Directorate in the bail plea filed by Yes Bank founder Rana Kapoor in a money laundering case with regards to wrongful loss of sum of Rs 466.51 Crores to the bank. Before the Trial Court, the bail plea was opposed by the Enforcement Directorate on the ground that Kapoor …

Yes Bank Loan Fraud Case: Delhi Court Denies Bail To Avantha Group Promoter Gautam Thapar
3 years, 2 months ago

Yes Bank Loan Fraud Case: Delhi Court Denies Bail To Avantha Group Promoter Gautam Thapar

Live Law  

A Delhi Court on Saturday rejected the bail application filed by Avantha Group Promoter Gautam Thapar in connection with the Yes Bank loan fraud case.Special Judge Sanjeev Aggarwal denied bail to Thapar after reserving the order last week. The Court had sent Thapar to judicial custody after an application was filed on behalf of the Enforcement Directorate.An ECIR was registered …

Yes Bank Loan Fraud Case: Delhi Court Reserves Order On Avantha Group Promoter Gautam Thapar's Bail Plea
3 years, 2 months ago

Yes Bank Loan Fraud Case: Delhi Court Reserves Order On Avantha Group Promoter Gautam Thapar's Bail Plea

Live Law  

A Delhi Court on Saturday reserved order on the bail application filed by Avantha Group Promoter Gautam Thapar in connection with the Yes Bank loan fraud case.Special Judge Sanjeev Aggarwal will now be pronouncing the order on October 30. The Court had sent Thapar to judicial custody after an application was filed on behalf of the Enforcement Directorate.An ECIR was …

71 loans given in Rana Kapoor’s tenure turned bad: ED
3 years, 2 months ago

71 loans given in Rana Kapoor’s tenure turned bad: ED

Hindustan Times  

At least 71 loans worth over ₹31,855 crore approved by Yes Bank during the tenure of former chief executive and managing director Rana Kapoor have turned bad, according to a recent charge sheet by the Enforcement Directorate. The charge sheet by the central agency that investigates financial crimes was filed on October 1 in a Delhi court in connection with …

71 loans cleared during Rana Kapoor’s tenure turned bad: ED
3 years, 2 months ago

71 loans cleared during Rana Kapoor’s tenure turned bad: ED

Live Mint  

At least 71 loan accounts worth more than ₹31,855 crore sanctioned during the tenure of Rana Kapoor, the co-founder and former managing director of Yes Bank, have turned into non-performing assets or non-performing investments NPIs, according to a charge sheet by the Enforcement Directorate. The charge sheet, reviewed by Hindustan Times, was filed on 1 October in a Delhi court …

HC Dismisses Avantha Group Promoter Gautam Thapar's Plea Challenging Arrest
3 years, 3 months ago

HC Dismisses Avantha Group Promoter Gautam Thapar's Plea Challenging Arrest

News 18  

The Delhi High Court Thursday dismissed a plea by Avantha Group promoter Gautam Thapar, arrested by the Enforcement Directorate in connection with a Rs 500-crore money laundering case, challenging his arrest on the ground that he was produced before the trial court after the expiry of statutorily mandated 24 hours. It had told the trial court that investigation revealed that …

DHFL case: No bail for wife, daughters of Yes Bank founder Rana Kapoor
3 years, 3 months ago

DHFL case: No bail for wife, daughters of Yes Bank founder Rana Kapoor

India TV News  

The Bombay High Court on Tuesday dismissed a bail plea filed by Yes Bank founder Rana Kapoor's wife Bindu, and their daughters Roshini Kapoor and Radha Kapoor-Khanna, and former bank senior executive Rajiv Anand, in the financial irregularities pertaining to the Dewan Housing Financials Ltd cases. In her detailed order rejecting their bail pleas, Justice Bharati Dangre observed that the …

'Serious Dent To The Financial Health Of State': Bombay High Court Denies Bail For Rana Kapoor's Wife & Daughters In Yes Bank- DHFL Scam
3 years, 3 months ago

'Serious Dent To The Financial Health Of State': Bombay High Court Denies Bail For Rana Kapoor's Wife & Daughters In Yes Bank- DHFL Scam

Live Law  

The Bombay High Court on Tuesday refused bail to Yes Bank founder Rana Kapoor's wife Bindu Kapoor and two daughters - Radha and Roshni Kapoor- in the Rs. According to the CBI, during 2018- 2019, Kapoor entered into a criminal conspiracy with Kapil and Dheeraj Wadhawan, promoters of Dewan Housing Finance Corporation Ltd for providing the latter's companies financial assistance …

Court Directs ED to File Reply on Avantha Group Promoter Gautam Thapar's Bail Plea by Oct 1
3 years, 3 months ago

Court Directs ED to File Reply on Avantha Group Promoter Gautam Thapar's Bail Plea by Oct 1

News 18  

A Delhi court on Monday directed the Enforcement Directorate to file by October 1 its response on the bail application of businessman and Avantha Group of companies promoter Gautam Thapar in connection with a money laundering case. The ED was probing an alleged transaction between his company Avantha Realty, Yes Bank co-founder Rana Kapoor and his wife, who are already …

Rana Kapoor moves Bombay HC over custody being given to CBI by lower court in Avantha group case
3 years, 3 months ago

Rana Kapoor moves Bombay HC over custody being given to CBI by lower court in Avantha group case

India Today  

Yes Bank founder Rana Kapoor has moved Bombay High Court against his custody being given by the lower court to Central Bureau of Investigation, which is probing the Avantha Group case where he is an accused. Rana Kapoor's Plea CBI sought Kapoor's custody in the FIR registered on allegations for having obtained pecuniary advantage of Rs 307 crore, thereby causing …

CBI stands by trial court's order of sending Rana Kapoor's wife and daughters to jail
3 years, 3 months ago

CBI stands by trial court's order of sending Rana Kapoor's wife and daughters to jail

India Today  

At a hearing at the Bombay High Court, the Central Bureau of Investigations on Wednesday stood by the special CBI court's order in refusing bail to Yes Bank founder Rana Kapoor's wife Bindu and daughters Roshini and Radha in an alleged case of cheating and corruption. Appearing for the CBI, advocate Hiten Venegaokar argued that the special court was merely …

'Not Been Arrested During Investigation, Unjustifiable Incarceration' – Rana Kapoor's Wife, Daughters Approach Bombay High Court For Bail
3 years, 3 months ago

'Not Been Arrested During Investigation, Unjustifiable Incarceration' – Rana Kapoor's Wife, Daughters Approach Bombay High Court For Bail

Live Law  

Yes Bank founder Rana Kapoor's wife Bindu Kapoor and two daughters - Radha and Roshni Kapoor- have approached the Bombay High Court seeking bail in the Rs. Radha Kapoor, mother to two children, one an infant, claimed that her "sudden" and "unjustifiable incarceration" is likely to cause "inexcusable and unspeakable damage" to the physical and mental wellbeing of her young …

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