• Home
  • Opinion
  • Politics
  • World
  • Business
  • Science & Tech
Wednesday, May 25, 2022
No Result
View All Result
SUBSCRIBE
The Outlooker
27 °c
Delhi
  • Home
  • Opinion
  • Politics
  • World
  • Business
  • Science & Tech
  • Home
  • Opinion
  • Politics
  • World
  • Business
  • Science & Tech
No Result
View All Result
The Outlooker
No Result
View All Result
  • National
  • Politics
  • Opinion
  • Business
  • Science
  • World
  • Health
Home National

Yes Bank Founder Rana Kapoor’s Daughter Roshni Gets Bail In Fraud Case

by The Outlooker Web Desk
November 12, 2020
in National
0
Yes Bank Founder Rana Kapoor’s Daughter Roshni Gets Bail In Fraud Case
1.8k
SHARES
12.9k
VIEWS
Share on FacebookShare on Twitter

Roshini Kapoor was granted bail by a magistrate’s court, her lawyer said. (FILE)

Mumbai:

A magistrate court in Mumbai on Thursday granted bail to Yes Bank founder Rana Kapoor’s daughter Roshni Kapoor, an accused in the Yes Bank fraud case linked to DHFL, after she appeared before the court in response to summons issued to her.

Roshni Kapoor was summoned by the court last month in connection with the case. She is one of the eight accused named in the charge sheet filed in the case by the CBI.

Roshini Kapoor was granted bail by a magistrate’s court, her lawyer Subash Jadhav said.

In June this year, the CBI filed the charge sheet against Rana Kapoor and others under provisions of the Prevention of Corruption (PC) Act and Indian Penal Code.

However, the charges of corruption were dropped by the special CBI court as the prosecution did not obtain the sanction needed to prosecute under the PC Act.

Thus, the case was shifted to the magistrate court for trial.

The magistrate court last month accepted the charge sheet filed by the CBI and issued summons to all the accused who are not arrested in the case, including Roshni Kapoor and four other companies DHFL, Belief Realtors Pvt Ltd, RKW Project PVT Ltd, DoIT Urban Ventures (India) Pvt Ltd.

Newsbeep

Responding to the summons, Roshni Kapoor appeared before the magistrate court and sought bail.

As per the central agency, in return for investment in Dewan Housing Finance Corporation Ltd (DHFL) debentures by Yes Bank, companies controlled by Rana Kapoor and his family members allegedly got undue benefits.

The scam started between April and June 2018, when the Yes Bank invested Rs 3,700 crore in short-term debentures of the scam-hit DHFL, the CBI has alleged.

In return, DHFL promoters (Kapil Wadhawan and Dheeraj Wadhawan) allegedly “paid kickback of Rs 600 crore” in the form of loans to DoIT Urban Ventures (India) Pvt Ltd, a firm controlled by Mr Kapoor’s wife and daughters, it has claimed.

(If you like reading The Outlooker, please consider subscribing to us below. Subscriptions are free for first 500 subscribers.)

The Outlooker Web Desk

The Outlooker Web Desk

Next Post
How ULFA(I) Insurgent Drishti Rajkhowa Surrendered Before Security Forces

How ULFA(I) Insurgent Drishti Rajkhowa Surrendered Before Security Forces

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Delhi Positivity Rate Falls To 13% From 16.3%, Cases Down 19% To 9,197
National

Coronavirus India LIVE Updates, Coronavirus Cases Today, COVID 19 Cases In India, Omicron Covid Cases, India Covid Cases May 25

May 25, 2022
Global Markets: Stocks slump on growth concerns, bond yields slip
Business

Global Markets: Stocks slump on growth concerns, bond yields slip

May 24, 2022
Tamil Nadu BJP Leader Balachandran Hacked To Death In Chennai: Police
National

Tamil Nadu BJP Leader Balachandran Hacked To Death In Chennai: Police

May 24, 2022
Coal India To Open Big, New Mine This Year To Fight Power Crisis
National

Coal India To Open Big, New Mine This Year To Fight Power Crisis

May 24, 2022

Connect with us

No Result
View All Result

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020

Category

  • Artistic
  • Business
  • Crypto
  • Design
  • Entertainment
  • Fashion
  • featured
  • Food
  • Gaming
  • Health
  • Human
  • Lifestyle
  • Movie
  • Music
  • National
  • Opinion
  • Politics
  • Science
  • Spaces
  • Sports
  • Tech
  • Travel
  • Uncategorized
  • World

Recent Posts

  • Coronavirus India LIVE Updates, Coronavirus Cases Today, COVID 19 Cases In India, Omicron Covid Cases, India Covid Cases May 25
  • Global Markets: Stocks slump on growth concerns, bond yields slip
  • Tamil Nadu BJP Leader Balachandran Hacked To Death In Chennai: Police

About Us

The Outlooker

The Outlooker is your source of authentic, hand-picked news, stories, analysis from India & the World.

  • Terms Of Service
  • Privacy Policy
  • About us
  • Submit your story
  • Contact

© 2019-2021 The Outlooker. All rights reserved.

No Result
View All Result
  • Home
  • Politics
  • World
  • Business
  • Science
  • National
  • Entertainment
  • Gaming
  • Movie
  • Music
  • Sports
  • Fashion
  • Lifestyle
  • Travel
  • Tech
  • Health
  • Food

© 2019-2021 The Outlooker. All rights reserved.