Money & Banking

SC dismisses anticipatory bail plea of DHFL promoters in YES Bank case

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The Bench dismissed the pleas as withdrawn.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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