Page 2 - Rana Kapoor

5 days after arrest, Bhosale sent to CBI custody till June 8 in graft case

Avinash Bhosale was arrested on Thursday (May 26) by the central probe agency, which suspects illicit funds were routed through several real estate firms based in Maharashtra.

CBI arrests ABIL group chairman Avinash Bhosale in Yes Bank-DHFL scam case

The CBI suspects that illicit funds were routed through several real estate companies based in Maharashtra, officials said.

Cong rubbishes Rana Kapoor's Husain painting charge as political vendetta

Kapoor has told the ED that he was "forced" to buy the M F Husain painting from Priyanka Gandhi

Forced to buy painting from Priyanka Gandhi: Rana Kapoor in ED chargesheet

Yes Bank co-founder Rana Kapoor has told ED that he was 'forced' to buy an M F Husain painting from Priyanka Gandhi Vadra and the sale proceeds were utilised by Gandhi family for medical treatment

Yes Bank's Rank Kapoor, DHFL's Wadhwans siphoned off Rs 5,050 cr: ED

ED has alleged that Yes Bank co-founder Rana Kapoor and Dewan Housing Finance Limited promoters Kapil and Dheeraj Wadhawan siphoned off funds worth Rs 5,050 crore through suspicious transactions

CBI quizzes Rana Kapoor in Rs 466-crore scam involving Gautam Thapar

The CBI has questioned YES Bank founder and its former CEO and MD, Rana Kapoor in connection with alleged diversion of over Rs 466 crore in the bank during 2017-19 by Avantha group promoter Gautam Thapar, officials said. Although Kapoor is not named as an accused in the CBI FIR pertaining to the case, he is co-accused with Thapar in another case related to alleged diversion of public money in YES Bank in exchange for a high-end property at an upscale neighbourhood of Delhi, they said. The case in which Kapoor was questioned from March 25-28 was registered on a complaint by Chief Vigilance Officer of the bank, Ashish Vinod Joshi on May 27, 2021. The case was filed against Thapar, directors of Oyster Buildwell Pvt Ltd (OBPL) -- Raghubir Kumar Sharma, Rajendra Kumar Mangal and Tapsi Mahajan --, unidentified executives of Avantha Realty Pvt Ltd and Jhabua Power Ltd. The CBI in its FIR has alleged that the accused indulged in criminal conspiracy, criminal breach of trust, cheating and ..

Court grants bail to Rana Kapoor, Gautam Thapar in property sale case

Kapoor and Thapar, however, will not walk out of jail as they are in judicial custody in connection with some other cases

HC seeks ED stand on bail plea by former MD & CEO of YES Bank Rana Kapoor

Last month, the trial court had denied the relief of bail to Kapoor, noting that the allegations against him were most grave and serious in nature

Yes Bank promoter Rana Kapoor moves bail plea in Delhi High Court

Former Managing Director and CEO of YES Bank Rana Kapoor moved a bail petition to Delhi High Court in a Rs 466.51-crore money laundering case being probed by the Enforcement Directorate (ED).

Delhi court denies bail to former MD & CEO of YES Bank Rana Kapoor

A Delhi court on Thursday dismissed the bail application of former MD and CEO of YES Bank, Rana Kapoor, in a money laundering case related to the wrongful loss of Rs 466.51 crore to the bank. Special Judge Sanjeev Aggarwal denied the relief to the Kapoor, noting that the allegations against him were most grave and serious in nature. Considering the overall facts and circumstances of the present case, since the allegations against the accused are most grave in nature, as a resultant no ground for his bail is made out at this stage. Consequently, the bail application of accused Rana Kapoor is dismissed, the court said. Kapoor moved the application after he was summoned by the court which took cognisance of a charge sheet filed by the Enforcement Directorate (ED). He told the court that he was not arrested by the ED during the investigation and since the charge sheet has already been filed, no purpose will be served by sending him in custody in the case. Kapoor is currently lodged at

'Rana Kapoor misused position to get property at inadequate consideration'

Yes Bank co-founder Rana Kapoor misused his official position to acquire a valuable property at an 'inadequate consideration', a special court has said

Bombay High Court discharges DHFL in cheating, corruption case filed by CBI

Bombay High Court discharged DHFL and dropped the proceedings against it in a case of cheating and corruption against its former directors Kapil and Dhiraj Wadhawan, and Yes Bank founder Rana Kapoor

Loan scam: CBI charge sheet against ex-Yes Bank MD Rana Kapoor, wife

The CBI has filed a charge sheet against former Yes Bank managing director and CEO Rana Kapoor, his wife Bindu and promoter of Avantha Group Company Gautam Thapar

HC reserves orders on bail pleas of wife, daughters of Yes Bank founder

The Bombay High Court reserved the orders on bail applications of Yes Bank founder Rana Kapoor's wife Bindu Kapoor and daughters Radha and Roshini Kapoor in an alleged corruption case involving DHFL

YES-DHFL case: Rana Kapoor's wife, daughters remanded to judicial custody

A special CBI court in Mumbai on Saturday denied bail to the wife and two daughters of Yes Bank founder Rana Kapoor in a quid-pro-quo case

Yes Bank-DHFL case: Rana Kapoor's wife, daughter get interim bail

Kapoor''s wife Bindu and daughter Radha were named as accused in the supplementary charge sheet filed by the Central Bureau of Investigation recently, but the duo was never arrested in the case.

Sebi orders defreezing of bank, demat accounts, MF folios of Rana Kapoor

Markets regulator Sebi on Wednesday ordered defreezing of bank accounts as well as share and mutual fund holdings of Rana Kapoor, former MD and CEO of Yes Bank. Kapoor is currently in judicial custody after being arrested in March 2020 in the alleged Yes Bank fraud case. The regulator, in March, had attached bank accounts, share and mutual fund holdings of Kapoor to recover dues of over Rs 1 crore. The decision was taken after Kapoor failed to pay the fine imposed on him. Sebi, in September 2020, had levied a fine of Rs 1 crore on Kapoor for not making disclosures regarding a transaction of Morgan Credit, which was an unlisted promoter entity of Yes Bank. By not disclosing about the transaction to Yes Bank's board of directors, Kapoor created an opaque layer between him and stakeholders and violated the provision of the LODR (Listing Obligations and Dislcosure Requirements) Regulation, Sebi had said in the order. The release order came after Supreme Court, on August 2, stayed the

Sebi orders defreezing of bank accounts of former Yes Bank CEO Rana Kapoor

Sebi on Wednesday directed the defreezing of attached bank accounts/lockers/demat accounts and mutual fund folios of Yes Bank founder Rana Kapoor

Court allows Rana Kapoor's lawyer to be present during ED's probe

A special court here on Tuesday allowed Yes Bank co-founder Rana Kapoor's lawyer to remain present during the recording of Kapoor's statement by the ED in a case related to the Avantha group.

Post Thapar's arrest, CBI seeks to interrogate Rana Kapoor in Avantha case

The CBI on Friday moved a plea before a special court here seeking a production warrant of Rana Kapoor for custodial interrogation in connection with its case related to Avantha group of companies. Kapoor, who is currently in judicial custody after being arrested in March, 2019 in connection with the Yes Bank fraud case, has opposed the probe agency's plea through his lawyer Parnav Badheka. Special judge S U Wadgaonkar said these prayers need consideration, including the maintainability of objection on behalf of accused to the application of production warrant made by the investigating officer in cited crime, and posted the matter for hearing on Saturday. The Central Bureau of Investigation's move comes two days after the arrest of Gautam Thapar, promoter of Avantha Group, by the Enforcement Directorate, which is also probing the case. Thapar (60) was held under Prevention of Money Laundering Act (PMLA) on Tuesday night in Delhi after the agency carried out raids in Delhi and ...