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The Supreme Court today (January 24) set aside the default bail granted to DHFL promoters Kapil Wadhawan and Dheeraj Wadhawan in the case related to the alleged multi-crore loan scam. Setting aside...
DHFL case: A bench of Justices Bela M Trivedi and S C Sharma said the high court and the trial court committed error in granting bail to Kapil and Dheeraj Wadhawan.
While granting bail, Justice SM Modak noted the past misuse of liberty by Wadhawan but said that the court needs to balance various considerations, , DHFL Case, yes bank, Dewan Housing Finance Ltd (DHFL)
They have been barred from "being appointed as an auditor or internal auditor or from undertaking any audit in respect of financial statements or internal audit of the functions and activities of any company or body corporate".
According to police, the escorting team had given allowed the Wadhawan brothers, who were jailed in a multi-crore scam, to enjoy meals and use mobile phones and laptops during their visits to JJ and KEM hospitals in Mumbai on August 9 and August 7 respectively.