Allahabad High Court while hearing a Criminal Misc Bail Application filed by Kapil Wadhawan and Another rejected the bail application of Kapil Wadhawan and Dheeraj Wadhawan, the then Managing Director and Director of DHFL, who are in jail in the PF scam case in Uttar Pradesh Power Corporation.
The Bombay High Court today granted bail to Kapil Wadhawan and Dheeraj Wadhawan, promoters of Dewan Housing Finance Corporation Ltd, accused of money laundering by the Enforcement Directorate (ED) in the multi-crore Yes Bank fraud case.