The Supreme Court of India has mandated the Delhi High Court to decide on the bail application of Kapil Wadhawan, former DHFL promoter, within two weeks. Wadhawan has been in custody since July 2022 amid a multi-crore bank fraud investigation. The directive aims to ensure timely judicial decisions regarding personal liberty.
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.
