The Supreme Court on Tuesday (10th Dec) dismissed the CBI’s plea against medical bail granted to Dheeraj Wadhawan, former DHFL promoter, citing health issues. The trial is expected to last over a decade due to the case’s complexity. The court imposed strict bail conditions while revoking the Wadhawan brothers’ statutory bail, reinforcing procedural errors by earlier courts.
Today, On 9th September, The Delhi High Court granted Dheeraj Wadhawan bail on medical grounds in a CBI case related to a bank fraud. The court reversed the trial court’s order and requested the CBI to provide a status report. The Supreme Court had previously overturned a decision granting bail to Dheeraj and his brother. The CBI had filed a chargesheet, and the trial court had granted default bail.
The Delhi High Court requested a status report on the bail plea of Dheeraj Wadhawan, accused in a bank loan scam case. The trial court had denied his bail request, leading to the High Court’s intervention. Pending the report, the hearing is scheduled for June 10. The Supreme Court had earlier canceled the bail granted to the Wadhawan brothers.
Dheeraj Wadhawan, former director of DHFL, detained for a fraud of over Rs 34,000 crore. He remanded to judicial custody following his arrest by the CBI. Wadhawan’s bail plea based on medical grounds rejected, and he has to remain in custody until May 30. The fraud involves a consortium of 17 banks and accusations of money laundering.
The Supreme Court clarified that an accused cannot claim default bail solely due to ongoing investigations or an incomplete charge sheet. This decision revoked bail for ex-DHFL promoters in a bank loan fraud case. The ruling impacts criminal cases and upholds the right to default bail only until a charge sheet is filed. This landmark case sets a new precedent in Indian law.
