Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
← back
Informative
DHFL Scam: Supreme Court grants bail to businessman Ajay Nawandar
Update / Judgement Date
14 Oct 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Money Laundering (PMLA)Other Legal Matters
The Supreme Court granted bail to businessman Ajay Nawandar in the Rs. 34,615 crore Dewan Housing Finance Limited (DHFL) bank loan scam case. Nawandar was accused of being involved in the diversion of funds and money laundering activities related to the scam. The court considered the lack of substantial evidence against Nawandar and the prolonged detention while granting bail. This ruling underscores the judiciary’s commitment to ensuring that bail decisions are made fairly and based on the merits of each case, balancing the interests of justice with the rights of the accused.
