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No bail to DHFL promoters seeking relief for spending half of maximum term in jail
Credit: IndiaTimes- Published on May 11, 2024
The special PMLA court in Mumbai denied bail to DHFL promoters Dheeraj and Rakesh Wadhawan, citing delays in their bail pleas and hindrance to trial progress. The court highlighted the exclusion of time spent stalling bail applications from undertrial period calculations under Section 436A of the Criminal Procedure Code.
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