Bombay HC Upholds Interim Bail For Chanda Kochhar and Husband In ICICI-Videocon Loan Case |
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Bombay HC Upholds Interim Bail For Chanda Kochhar and Husband In ICICI-Videocon Loan Case



ICICI Videocon Case: The Bombay High Court has confirmed the interim bail granted to former ICICI Bank CEO Chanda Kochhar and her husband Deepak in a case involving alleged irregularities in loans provided to the Videocon Group led by Venugopal Dhoot. The decision follows a hearing where Justices Anuja Prabhudessai and Nitin R Borkar concluded proceedings and reserved their verdict, after questioning the delay in the CBI’s investigation. The court had previously granted interim bail to the Kochhars, citing concerns over the legality of their arrests and the lack of clarity regarding the grounds for arrest. The case has drawn regulatory scrutiny since reports surfaced in 2018 regarding Dhoot’s financial dealings with a company linked to the Kochhars following a substantial loan from ICICI Bank.

#VideoconLoanCase #ChandaKochhar #DeepakKochhar

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