Tag: Delhi High Court

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SC Revokes DHFL Promoter’s Bail, Orders Surrender in 2 Weeks

NEW DELHI: The Supreme Court on Tuesday revoked the bail previously granted to former DHFL promoter Dheeraj Wadhawan in connection with a substantial bank loan scam. A bench comprising Justices Sanjay Kumar and Satish Chandra Sharma issued the order after reviewing a medical board’s report and instructed Wadhawan to surrender within two weeks. The Delhi High Court had granted him bail on September 9, 2024, citing medical reasons, stating that Wadhawan fit the definition of a “sick person”. This ruling followed an appeal by the CBI against the high court’s decision. Additional Solicitor General S V Raju, representing the agency,…

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Delhi HC Rejects Bail for DHFL Promoter in ₹34,926 Crore Fraud

NEW DELHI: The Delhi High Court denied bail to DHFL promoter Kapil Wadhawan in a Rs 34,926 crore bank fraud case, citing his “unreproachable” conduct in custody. Justice Ravinder Dudeja stated that such economic crimes affect not just individual victims but the entire financial system. The CBI alleges that Wadhawan was the principal architect of a significant financial fraud, diverting and misappropriating approximately Rs 34,926 crore from a consortium of 17 banks. The judge noted, “The applicant’s conduct during custody has not been beyond reproach. Allegations of manipulating valuable assets and transactions during judicial custody are serious and imply continued…

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Delhi HC requests government response on alleged illegal construction

NEW DELHI: On Wednesday, the Delhi High Court requested responses from the Delhi government, MCD, and DDA regarding a petition calling for a ban on unauthorized constructions in various parts of the national capital, particularly Jaitpur extension and Badarpur. A bench headed by Chief Justice D K Upadhyaya and Justice Tushar Rao Gedela issued a notice to the respondents, instructing them to provide a response by July 30. The court was reviewing claims that illegal constructions were responsible for accidents, including building collapses, and endangering local lives. The petition asserted that unauthorized constructions in Jaitpur extension-II had obstructed residents from…

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Delhi HC asks DDA to restore trust with Signature View residents

NEW DELHI: The Delhi High Court highlighted a significant “trust deficit” between the Delhi Development Authority (DDA) and the residents of Signature View Apartments. The court urged the civic agency to take steps to “establish trust” with the residents. The Chief Justice DK Upadhyay and Justice Tushar Rao Gedela addressed the ongoing stalemate where residents have refused to vacate the towers deemed dangerous. They emphasized the need for both parties to seek a resolution and “move ahead” with the completion of the project. The bench stated, “There is a lot of trust deficit. The residents’ concerns are valid. Trust needs…

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Delhi HC notices police on Gopal Ansal’s FIR quashing plea

NEW DELHI: The Delhi High Court issued a notice to police on Monday regarding a petition filed by real estate mogul Gopal Ansal, who seeks to quash an FIR against him related to a cheating case stemming from the Uphaar fire tragedy. The FIR was prompted by a complaint from a buyer of land within a project managed by Ansal Buildwell Limited. Justice Amit Mahajan requested a status report from Delhi Police, with the hearing set for September 10. The High Court further instructed the state not to take coercive actions against the petitioner until the next hearing date. A…

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Delhi HC Dismisses Plea to Oversee ED Probe into IREO Residences

NEW DELHI: The Delhi High Court has affirmed the Enforcement Directorate’s investigation into the real estate company IREO Residences and dismissed a petition claiming bias against the agency. Justice Manmeet Pritam Singh Arora issued the ruling on Wednesday, criticizing petitioner Gulshan Babbar for omitting vital information and imposing a fine of Rs 1.25 lakh for misleading the court. Babbar alleged that the Enforcement Directorate had failed to properly investigate financial discrepancies amounting to Rs 1,317 crore related to bank loans and land transactions in Gurugram. The High Court dismissed Babbar’s petitions due to lack of standing and maintainability. Published On…

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Delhi HC: Rent Control Act is Outdated Legislation

NEW DELHI: The Delhi High Court has described the Delhi Rent Control Act as an “outdated law,” criticizing its “severe” misuse that has left property owners in distress as affluent tenants “unfairly occupy properties for decades.” Justice Anup Jairam Bhambani was reviewing petitions challenging the 2013 decisions of the Additional Rent Controller (ARC), which had denied eviction petitions from property owners based in the UK and Dubai in Sadar Bazar, siding with the tenants. “This court must note that while managing the Rent Control Roster, it has uncovered numerous instances of wealthy tenants, enjoying financial stability, unjustly residing in properties…