Kapoor is the co-founder of YBL who was arrested in the said case in March, 2020.
Justice Bharati Dangre, after hearing all the parties, had given the order for hearing the matter today. The court gave oral in the said case.
The Kapoor family challenged a special Central Bureau of Investigation in three similar but separate bail petitions.CBI) order of the court which rejected his bail applications and sent him to judicial custody.
Since then all three have been lodged in the Byculla District Jail in Mumbai.
According to the CBI, Rana Kapoor and his family members had allegedly received a bribe of around Rs 600 crore for the investment of Rs 3,700 crore made by Yes Bank in debentures of DHFL.
Advocates appearing for Bindu Kapoor and his two daughters argued that they have so far given full cooperation to the CBI and they have not been arrested during the investigation.
“On August 20, 2021, the trial court took cognizance of various non-bailable offenses and called the applicants to appear as an accused. The applicants immediately submitted themselves to their jurisdiction by appearing in person on September 4, 2021, and filed a bail application in terms of section 439 of CrPC,” argued Bindu Kapoor’s counsel.
However, Special Counsel Hiten Venegaonkar, appearing for the investigating agencies, refuted this argument and said that the CBI court had considered all these arguments before dismissing the petition.
Senior advocate Amit Desai appeared for Roshni Kapoor in the matter, while senior advocate Mahesh Jethmalani argued for Bindu Kapoor and Radha Kapoor Khanna in the matter.
“The interests of the investigating agencies are protected as the Enforcement Directorate (ED) has attached assets and bank accounts of the applicant worth Rs 600 crore under various temporary attachment orders,” argued the petition filed by Radha Kapoor Khanna.
“The Special Judge failed to consider that in the PMLA case arising out of the present FIR, bail has been granted to the applicant on the same facts and circumstances,” Khanna’s plea said.
The special court, while rejecting their bail pleas, had held that the three were involved in wrongful loss of Rs 4,000 crore to the public at large including bank depositors and shareholders.