A Special Court in Mumbai has granted interim bail to
A Special Court in Mumbai has granted interim bail to Yes Bank founder Rana Kapoor’s wife, Bindu Kapoor and daughter Radha Kapoor in the corruption cases related to Dewan Housing Financial Limited (DHFL).
The Session Judge SU Wadegaonkar granted the interim bail to the applicants keeping in view the judgement of the Supreme Court in the case of Aman Preet Singh v. CBI, that if a person is accused in a non-bailable offence and his custody was not required during the period of investigation, then it is appropriate that such an accused be released on bail.
The CBI had registered an FIR in 2020 against DHFL promoters and Kapoor for offences under the Prevention of Corruption Act.
The CBI filed its primary charge sheet wherein Rana Kapoor and his other daughter, Roshini Kapoor name was mentioned as accused.
Later, in August 2021, CBI filed a supplementary charge sheet which named Bindu and Radha Kapoor as accused. However, the two had not been arrested.
On the summons issued by the Special CBI Court, the two applicants appeared on September 4, 2021.
The counsel appearing for the applicants prayed for the bail on the ground that the charge sheet had been filed in the case without their custody, also the court had already exercised the discretion of issuing summons to his clients, clearly showing that there was no need to arrest them.
The court allowed the request of the Public Prosecutor for time to file a reply to the application of bail. While granting interim bail to the applicants and posted the matter for hearing on 8 September 2021.
