The Rouse Avenue 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 Central Bureau of Investigation (CBI) in connection with the multi-crore bank loan scam case.
New Delhi: The Rouse Avenue 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 Central Bureau of Investigation (CBI) in connection with the multi-crore bank loan scam case.
The two accused were arrested in the present FIR on July 19 this year. Statutory bail, also known as default bail, is a right to bail that accrues when the investigation fails to complete within a specified period in respect of a person in judicial custody.
According to the plea, bail was agitated as a matter of an indefeasible right for accused Kapil Wadhawan in consequence of the CBI allegedly failing to file the chargesheet against him and co-accused Dheeraj Wadhawan within 60 days of their arrest.
Also Read: IAF Fighters Were Dispatched In Response To “Bomb Threat” Aboard An Iranian Aircraft Over Indian Airspace
Special Judge Vishal Gogne in an order passed on September 30, 2022, while dismissing the bail petition stated that the filing of the present chargesheet in the present investigation shall be governed by Section 167(2)(a)(i) CrPC which provides for a maximum period of 90 days. Since the…
