Snippets Column

Supreme Court Cancels Bail Granted To DHFL Promoters On Charges Of Bank Load Scam Worth Of Crores

Former promoters of Dewan Housing Finance Limited (DHFL) Kapil Wadhawan and Dheeraj Wadhawan got a blow from the Supreme Court. The Supreme Court canceled the bail granted to both of them on charges of bank loan scam worth crores of rupees. NCLT had directed DHFL lenders to consider for its consideration, decision and voting the proposal to fully settle the mortgage lender’s dues of Rs 91,000 crore, including Rs 43,000 crore due in the first few years. The financial lenders had opposed the NCLT order as they had selected Piramal Group as the winning bidder for DHFL.

Srishti Verma

Recent Posts

PM Modi Announces Sending Lord Buddha’s Relics To Thailand

PM Modi announced that India will send relics of Lord Buddha, discovered in Gujarat’s Aravalli…

11 hours ago

PM Modi Shares Highlights From Bangkok: A Vibrant Welcome, Community Connect, & The Ramayan!

Prime Minister Narendra Modi highlighted the deep cultural ties between India and Thailand during his…

12 hours ago

Judicial Strength At Risk, Says Delhi HC Bar Association On Justice Singh’s Transfer

The Delhi High Court Bar Association has raised concerns over Justice Chandra Dhari Singh’s transfer…

12 hours ago

PM Modi: Thailand Key To India’s ‘Act East’ Policy & Indo-Pacific Vision

Prime Minister Narendra Modi, during his visit to Bangkok, highlighted Thailand's strategic importance in India's…

12 hours ago

Thailand Releases Commemorative Stamp Showcasing 18th-Century Ramayan Murals During PM Modi’s Visit

Thailand unveiled a commemorative stamp featuring 18th-century Ramayan mural paintings, marking the first day of…

13 hours ago

Centuries-Old Bonds Strengthen As India-Thailand Deepen Partnership: PM Modi

PM Modi and Thai PM Paetongtarn Shinawatra elevate India-Thailand ties to a strategic partnership in…

13 hours ago