DHFL
Ritwik Choudhury (Bar Bench) 17 December 2025
The Supreme Court recently granted bail to Dewan Housing Finance Limited (DHFL) promoters Kapil and Dheeraj Wadhawan in a ₹57,000-crore bank fraud case (Kapil Wadhawan vs. Central Bureau of Investigation).

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Moneylife Digital Team 09 September 2025
The Mumbai zonal office of the directorate of enforcement (ED) has provisionally attached assets worth Rs185.84 crore in the ongoing investigation into the Dewan Housing Finance Corporation Ltd.

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Moneylife Digital Team 22 August 2025
The crisis surrounding the Wadhawan brothers, former promoters of the scam-hit Dewan Housing Finance Corporation Ltd (DHFL), deepened this week with twin judicial blows.

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Moneylife Digital Team 13 August 2025
Market regulator Securities and Exchange Board of India (SEBI) has slapped Rs120 crore penalty and barred from markets for up to five years six former top executives, including four members of the Wadhawan family of Dewan Housing Finance Corporation Ltd (DHFL).

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Moneylife Digital Team 08 August 2025
In a landmark ruling holding financial intermediaries accountable, the state consumer disputes redressal commission at Chandigarh has directed Catalyst Trusteeship Ltd, along with credit rating agencies CARE Ratings and Brickwork Ratings, to compensate an investor for losses suffered due to the default of Dewan Housing Finance Corporation Ltd (DHFL) on its AAA-rated non-convertible debentures (NCDs).

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Moneylife Digital Team 05 August 2025
The Supreme Court on Tuesday cancelled the bail granted to Dewan Housing Finance Ltd (DHFL)'s former promoter Dheeraj Wadhawan in the alleged Rs34,926 crore bank loan fraud case and directed him to surrender within two weeks.

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Dewan Housing Finance Ltd (DHFL) was a classic case of corporate loot, as explained in the various articles published in this column. The company’s promoters systematically siphoned out money through various means, while the auditors, the board, the credit rating agencies, together with the nodal regulators, National Housing Bank (NHB) and Reserve Bank of India (RBI), were mute spectators.

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SN Thyagarajan (Bar Bench) 02 April 2025
The Supreme Court has criticised the National Company Law Appellate Tribunal (NCLAT) for overstepping its jurisdiction and misapplying foreign jurisprudence

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Sahyaja MS (Bar Bench) 13 February 2025
The Bombay High Court on Wednesday granted default bail to Kapil and Dheeraj Wadhawan, the promoters of Dewan Housing Finance Ltd (DHFL), who are accused in the Yes Bank money laundering case.

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Moneylife Digital Team 26 June 2024
Holding two chartered accounts (CAs) responsible for professional misconduct and non-maintenance of proper audit documentation for 10 branches of Dewan Housing Finance Corporation Ltd (DHFL), which is embroiled in the Rs34,000 crore scam, the national financial reporting authority (NFRA) slapped a penalty of Rs1 lakh each on them.

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Moneylife Digital Team 10 June 2024
The Central Bureau of Investigation (CBI) has reportedly told the Bombay high court (HC) that it has decided to name Sanjay Dangi, a controversial stock market operator with a history of SEBI bans, as an accused in the Rs34,000 crore Dewan Housing Finance Corporation Ltd (DHFL) financial scandal.

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IANS 24 January 2024
The Supreme Court on Wednesday set aside the default bail granted to the former DHFL directors Kapil and Dheeraj Wadhwan in connection with the Dewan Housing Finance Corporation Limited (DHFL) loan fraud case of Rs 34,615 crore.

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Moneylife Digital Team/ IANS 08 December 2023
NFRA has debarred two statutory auditors of erstwhile Dewan Housing Finance Corporation Ltd (DHFL) for 10 years and five years respectively, and imposed fines on them for professional misconduct in the discharge of their audit work.

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Moneylife Digital Team 30 August 2023
Maharashtra police have suspended seven personnel for giving special treatment during medical checkups to Kapil Wadhawan and Dheeraj Wadhawan, promoters of Dewan Housing Finance Ltd (DHFL). The Wadhawan brothers are currently in judicial custody and lodged at the Taloja prison in neighbouring Navi Mumbai, a report says.

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After dilly-dallying for over two years, the IDBI Bank Ltd. has finally declared the DHFL promoters and siblings -- Kapil Wadhawan and Dheeraj Wadhawan -- as 'wilful defaulters' in a Rs 758 crore unpaid loans case.

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Moneylife Digital Team 06 February 2023
Hearing a recovery suit filed by 63 moons technologies ltd, the Madras high court (HC) says that its order of interim injunction against the Dewan Housing Finance Ltd (DHFL) promoters, its former top executives, credit rating agencies (CRAs), statutory auditor and debenture trustee restraining them from dealing with any of their assets, will continue until they provide security for the principal suit claim in specific proportions.

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IANS 03 November 2022
The Supreme Court on Thursday asked the director of the AIIMS Delhi to form a team of doctors to examine the health of former Dewan Housing Finance Ltd (DHFL) CMD Kapil Wadhawan, accused of money laundering in the multi-crore Yes Bank fraud case, and sought a report within a week.

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IANS 04 October 2022
A Delhi court has dismissed the statutory bail pleas of Mumbai-based Dewan Housing Finance Corporation Ltd's (DHFL) former promoters Kapil Rajesh Wadhawan and Dheeraj Rajesh Wadhawan in connection with a multi-crore bank loan scam case.

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IANS 12 September 2022
In a new dimension to the Dewan Housing Finance Ltd. (DHFL) fraud, an apex banking union and the staff of the UTI-AMC have demanded a

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DHFL Directors Kapil and Dheeraj Wadhawan who were arrested in connection with the Rs 36,615 crore loan fraud case were on Wednesday remanded to three days Central Bureau of Investigation (CBI) remand.

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