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Yes Bank Founder In Court Against Police Custody Order In Loan Fraud Case

Yes Bank Founder In Court Against Police Custody Order In Loan Fraud Case

NDTV
Wednesday, September 22, 2021 02:17:35 PM UTC

Rana Kapoor, currently in Taloja Jail, is an accused in the loan fraud case and related matters being probed by the CBI and Enforcement Directorate

Yes Bank founder Rana Kapoor has approached the Bombay High Court, challenging a special court's order from August this year that had remanded him in police custody for a week in a multi-crore loan fraud case.

Kapoor, who is currently lodged in Taloja Jail, is an accused in the loan fraud case and some related matters being probed by the CBI and Enforcement Directorate.

A single bench presided over by Justice S K Shinde on Tuesday posted the plea for further hearing on October 14.

In his plea filed through advocate Vijay Agarwal, Kapoor claimed that the special court's order permitting the CBI's request for police custody on August 14 was illegal and in breach of the due process of law. Therefore, his police custody and subsequent judicial custody in the case were all illegal.

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