The Delhi High Court on Wednesday sought response from the Enforcement Directorate (ED) on the bail plea of former MD and CEO of YES Bank, Rana Kapoor, in a money laundering case related to the wrongful loss of ₹466.51 crore to the bank.
Justice Manoj Kumar Ohri issued notice on Mr. Kapoor’s plea and listed the case for further hearing on March 11.
Last month, the trial court had denied the relief of bail to Mr. Kapoor, noting that the allegations against him were most grave and serious in nature.
