YES Bank scam : Wife and daughter of Rana Kapoor granted interim bail by Special CBI Court

The applicants had moved the Court after their names were added in the supplementary chargesheet filed by CBI.

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 Central Bureau of Investigation (CBI) had registered a first information report (FIR) in 2020 against DHFL promoters and Kapoor for offences under the Prevention of Corruption Act.

When it filed its primary chargesheet, it named Kapoor and his other daughter Roshini Kapoor as accused.

In August 2021, CBI filed a supplementary chargesheet 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.

Advocate Vijay Aggarwal appearing for the two applicants, prayed for bail on the ground that the chargesheet had been filed in the case without their custody.

In view of the Supreme Court judgement in the case of Aman Preet Singh v. CBI, Aggarwal prayed for bail for his client.

He argued that the Court had already exercised the discretion of issuing summons to his clients, clearly showing that there was no need to arrest them.

It was substantiated by the fact that the applicants had been granted bail in December 2020 by the Special Judge in the money laundering case being investigated by the Enforcement Directorate.

The public prosecutor (PP) stated that the bail application filed was bulky and sought time to file a reply to the application.

Sessions Judge SU Wadegaonkar acceded to the request of the PP while also granting interim bail to the applicants and posted the matter for hearing on September 8, 2021.

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