Delhi court rejects bail plea of ex-CFO of Reliance Capital Ltd

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The court noted the evidence before it and said that Bapna unauthorisedly exercised power in decision-making regarding the operations of Reliance Commercial Finance Limited (RCFL) and proceeded to disburse corporate loans after bypassing the sanctions imposed by Reliance Home Finance Limited’s (RHFL’s) board of directors.

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Delhi court rejects bail plea of ex-CFO of Reliance Capital Ltd

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