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

Op-Sindoor: Top Clerics Meet Rajnath Singh To Convey Muslim Community’s Gratitude To Modi Govt, Armed Forces

The delegation included Hazrat Syed Naseruddin Chishty, spiritual successor of Ajmer Dargah and Chairman of…

1 hour ago

Bangladesh Faces $770 Million Hit Due To India’s Curbs On Trade

India has imposed import restrictions on several Bangladeshi goods. This move could impact $770 million…

3 hours ago

‘Tanvi The Great’ Premieres At Cannes, Highlights Autism And Courage Through An Emotional Journey

Anupam Kher said he took two years to write the script. He got the idea…

4 hours ago

Amit Shah Leads Tiranga Yatra In Gujarat To Honour Operation Sindoor Success

Union Home Minister Amit Shah on Sunday led the ‘Tiranga Yatra’ in Ahmedabad, Gujarat, to…

5 hours ago

Adani Defence Joins Sparton To Indigenise Anti-Submarine Warfare Solutions For India

Adani Defence and Aerospace becomes the first private Indian company to offer indigenised sonobuoy solutions.…

7 hours ago

No DGMO Meet With Pak Today, No Expiry Date For Break In Hostilities: Indian Army

The Indian Army on Sunday said no DGMO-level talks with Pakistan were scheduled. It confirmed…

8 hours ago