Sanjay Chhabria

SC denies bail to Yes Bank realtor Sanjay Chhabria in money laundering case

The Supreme Court on Thursday refused to entertain a plea by realtor Sanjay Chhabria against an order of the Bombay High Court which refused to grant him default bail in the Yes Bank money laundering case. A bench of Justices Bela M Trivedi and Pankaj Mithal said the offence is serious and the high court considered everything. The counsel appearing for Chhabria then withdrew the plea and the matter was dismissed as withdrawn. A single bench of Justice M S Karnik on October 9 had dismissed Chhabria's petition seeking default bail on the grounds that though the Enforcement Directorate (ED) submitted its prosecution complaint against him within the mandatory 60-day period, it had also sought permission from the special court to carry on further probe in the case. The ED's case was that while the probe against Chhabria was complete, the investigation regarding the case was still on. The high court had agreed with the agency and said the offence of money laundering involves multiple ..

HC refuses bail to Sanjay Chhabriaa in YES Bank money laundering case

The Bombay High Court has refused to grant default bail to realtor Sanjay Chhabriaa in the Yes Bank money laundering case, observing that money laundering involves intricate processes to make illegally-obtained money appear legitimate and hence require in-depth investigation. A single bench of Justice M S Karnik on October 9 dismissed Chhabriaa's petition seeking default bail on the ground that though the Enforcement Directorate (ED) submitted its prosecution complaint against him within the mandatory 60-day period, it had also sought permission from the special court to carry on further probe in the case. The ED's case was that while the probe against Chhabriaa was complete, the investigation regarding the case was still on. The high court in its order agreed with the agency and said the offence of money laundering involves multiple interconnected transactions and the same demands cumbersome investigation, and that the ED in the present case was investigating an economic offence ..

EOW books builder Sanjay Chhabria, DHFL promoter Kapil Wadhwan for fraud

EOW of Mumbai police registered a fresh case against builder Sanjay Chhabria and DHFL promoter Kapil Wadhwan for allegedly cheating a real estate firm to the tune of Rs 150 crore

CBI arrests realtor Sanjay Chhabria in YES Bank-DHFL corruption case

Chhabria of Radius Developers will be produced before a special court on Friday, they said

Sanjay Chhabria: Mumbai realty's go-to man

His two-year old firm, Radius, is developing 12.5 mn sq ft in Mumbai; that's a fourth of what DLF, the country's largest realtor, is developing