Wednesday, October 30, 2024
HomeLawMumbai Court grants bail to Rana Kapoor in ₹200 crore money laundering...

Mumbai Court grants bail to Rana Kapoor in ₹200 crore money laundering case since trial yet to begin after 2 years

In his 53-page order, special judge MG Deshpande also took into account the fact that Kapoor was the only accused in the present case who was continuing to languish as an undertrial in judicial custody.

“All other accused persons in this case (some of them having similar roles), have been released on bail. This long period of undue incarceration of 2 years, 2 months and 3 days was ignored making capital of alleged gravity, magnitude and seriousness of the offence. There is no likelihood in future that trial will begin and conclude as early as possible,” the Court said while granting bail.

Kapoor will, however, continue to remain in jail since he is in judicial custody in three other cases. 

Source: Barandbench

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