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DHFL case: SC dismisses ED appeal, says grant of default bail duration to include remand period

Dated on: Tuesday 28th March 2023

The Supreme Court ruled on Monday that the remand time will be included in the 60/90-day period for the issuance of default bail in a criminal case, dismissing an appeal from the Enforcement Directorate. An appeal by the ED challenging the Bombay High Court judgement granted bail to former DHFL promoters Kapil Wadhawan and Dheeraj Wadhawan in a Yes Bank money laundering case being investigated by the agency was dismissed by a bench of Justices KM Joseph, Hrishikesh Roy, and BV Nagarathna.

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