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SC Issues Notice to CBI on Ex-DHFL Promoter’s Bail Plea

NEW DELHI: The Supreme Court has requested a response from the CBI regarding a bail application submitted by former DHFL promoter Kapil Wadhawan in connection with an alleged ₹34,926 crore bank fraud case. A bench comprising Justices JK Maheshwari and Vijay Bishnoi has issued notice to the agency for its response. On August 4, the Delhi High Court denied Wadhawan bail, citing that his conduct during custody was “not beyond reproach.” The court emphasized that economic offences affect not only individual victims but the financial system as a whole. The CBI contends that Wadhawan, as the promoter and CMD of…