SC Grants Bail to DHFL's Wadhawan Brothers in Rs 34,000-Crore Bank Scam

• Supreme Court granted bail to Kapil Wadhawan and Dheeraj Wadhawan, former DHFL promoters, in a Rs 34,000-crore bank fraud case.
• The court cited prolonged undertrial detention violating Article 21 (right to life and personal liberty), stating 'bail is the rule and jail is an exception'.
• Justices J K Maheshwari and Vijay Bishnoi noted that pre-trial detention should not become punishment without a judicial verdict.
• Bail conditions include monthly reporting to police, surrendering passports, and not leaving India without High Court permission.
• The Wadhawans were arrested in July 2022; CBI alleged Rs 34,615 crore wrongful loss to a consortium of 17 banks.

Why It Matters: SC grants bail to Wadhawans, emphasizing right to liberty and against indefinite pre-trial detention.