All three said special in their bail petitions CBI The court had erred in observing that the allegations against him, prima facie, show co-fraudulence and dishonest collusion in obtaining loans for favors shown to DHFL by Yes Bank.
The petitions seeking immediate relief were taken up before a single bench of Justice Bharati Dangre on Monday and the court said it would hear the applications on Wednesday.
A special CBI court had on September 18 refused to grant him bail, saying prima facie illegal acts caused a loss of Rs 4,000 crore to the bank.
The court sent her to 14-day judicial custody and said that the three did not deserve any sympathy being women or mothers of young children.
In their bail petitions filed separately in the HC, Bindu Kapoor, Roshni Kapoor and Radha Kapoor Khanna, who are presently lodged in the Byculla Women’s Jail, sought quashing and setting aside of the CBI court’s order as they were “entirely illegal and unstable”.
It has been said in the arguments that he was never arrested during the investigation and he gave full cooperation to the CBI.
“The entire evidence in the case is of documentary nature and is already in the custody of CBI, and hence, the question of tampering with documents or evidence does not arise,” the plea said. All three played no role. He had no role in the alleged transaction nor in Yes Bank or its day-to-day affairs.
According to the CBI, Rana Kapoor, who is currently in jail in connection with the investigation of a related case Enforcement Directoratehad conspired with DHFL’s Kapil Wadhawan.
The probe agency has said that, between April and June, 2018, Yes Bank invested Rs 3,700 crore in short-term debentures of DHFL.
In return, DHFL allegedly paid Rs 900 crore to Kapoor in the form of a loan to DoIT Urban Ventures, a firm controlled by Kapoor’s wife and daughters.