Balancing Justice: Kapil Wadhawan Granted Bail in Yes Bank-DHFL Case

A special CBI court granted bail to Kapil Wadhawan in the Yes Bank-DHFL fraud case due to prolonged pre-trial detention. The court emphasized the need to balance individual liberty with societal interest, highlighting the adverse impact of economic offences while addressing delays in the legal process.

A special CBI court in Mumbai has granted bail to Kapil Wadhawan, former director of the defunct mortgage firm DHFL, in connection with a high-profile loan fraud case involving Yes Bank. The court cited delays in the trial process as a key reason for its decision.

Judge A C Dagga underscored the difficulty of balancing individual rights with societal interests, especially in economic offences that have wide-reaching impacts. However, he ruled that prolonged detention without trial infringes upon the constitutional rights to life and personal liberty.

Despite the court order, Wadhawan will remain in jail due to other pending charges. The scandal, involving Rs 4,000 crore, implicates numerous individuals who have been released on bail previously, prompting calls for equal treatment for Wadhawan.

(With inputs from agencies.)