Dewan Housing Finance Corporation Ltd News
DHFL underwent bankruptcy proceedings in November 2019 after defaulting on thousands of crores in payments, with creditors claiming amounts to the tune of Rs 88,000 crore.
A single bench of Justice Bharati Dangre rejected the bail applications filed by Kapoor's wife Bindu and daughters Roshini and Radha.
The lower court had remanded them in 14-day judicial custody and said they did not deserve any sympathy for being women.
The three are currently lodged at the Byculla women's prison in Mumbai.
Cracking down on the flagrant violation of norms, Maharashtra government sent Home Department Principal Secretary Amitabh Gupta, who had issued the permission, on casual leave.
Dheeraj Wadhavan and Kapil Wadhavan, the brothers who promoted the company and are on bail in DHFL and Yes Bank fraud case, were given VVIP treatment by the state government to travel from Mumbai to Mahabaleshwar in a convoy.
Dewan Housing Finance Corporation Ltd (DHFL) on Thursday reduced lending rate by 0.2 percent to 9.35 percent to cash in on the festival fervour.
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