Mumbai: The Securities and Exchange Board of India (Sebi) has barred promoters of Dewan Housing Finance Ltd (DHFL) from accessing the securities market for allegedly indulging in fraudulent transactions and defrauding investors by publishing false financial statements. The regulator has restrained Kapil Wadhawan, his relatives Dheeraj Wadhawan, Rakesh Kumar Wadhawan, Sarang Wadhawan, Aruna Wadhawan, Malti […]Read More
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Mumbai: Central Bureau of Investigation will soon seek Yes Bank board’s sanction to prosecute its cofounder Rana Kapoor under the provisions of the stringent Prevention of Corruption Act, 1988, people privy to the development told ET. The move comes after a special CBI court rejected the agency’s charge sheet against the undertrial banker under Prevention […]Read More
MUMBAI: A special court here on Saturday took cogniznace of the charge sheet filed by the Enforcement Directorate (ED) in the Yes Bank scam and issued summons to the bank’s co-founder Rana Kapoor and seven other accused. The charge sheet, filed earlier this month, named as accused Rana kapoor, his wife, daughters and three firms […]Read More
Mumbai: DHFL promoters Kapil Wadhawan and his brother Dheeraj on Wednesday filed an anticipatory bail application in a special court here in connection with the case registered against them for their alleged role in the YES bank scam. In their plea, the Wadhawan brothers said that they should be granted protection from arrest at least […]Read More
The court rejected the plea on the bottom that it didn’t warrant an pressing listening to throughout lockdown as courts are solely attending issues that require fast judicial intervention. Source hyperlinkRead More