DHFL case: Delhi court dismisses statutory bail plea of Wadhawan brothers ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 13
A Delhi court has dismissed the statutory bail plea of former Dewan Housing Finance Corporation Limited (DHFL) promoters, Kapil Wadhawan and his brother Dheeraj, arrested by the CBI in connection with a multi-crore bank loan scam case. The accused had claimed before the court that since the CBI failed to file the charge sheet against them within the mandatory 60-day period from their arrest, they had indefeasible right to statutory bail, also known as default bail, in the matter. The two accused were arrested in the present FIR on July 19. Special Judge Vishal Gogne, however, said the filing of the present charge sheet in the investigation shall rather be governed by Section 167(2)(a)(i) CrP

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