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Bombay HC terms Chanda, Deepak Kochhar's arrests 'illegal', confirms interim bail | Bombay HC terms Chanda Deepak Kochhar's arrests 'illegal' confirms interim bail

The Bombay High Court on Feb 6 termed the arrests of ex-ICICI Bank CEO and Managing Director (MD) Chanda Kochhar and her businessman husband Deepak Kochhar as โ€œillegalโ€ and confirmed the 2023 interim bail order.
Chanda Kochhar Anuja Prabhudesai Deepak Kochhar Justice Mohite Justice Revati Mohite Kuldeep Patil

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Chanda Kochhar moves HC over prosecution sanction by ICICI Bank board

Former ICICI Bank CEO and MD Chanda Kochhar has filed a petition in the Bombay High Court challenging the boards approval to prosecute her in the Videocon loan case. Kochhar alleges that proper procedures were not followed in granting the sanction. She and her husband, arrested in December 2022, were later granted bail by the High Court in January 2023. The ICICI Bank board, acknowledging a possible quid pro quo, passed a resolution on April 22 granting the prosecution sanction.
Chanda Kochhar Venugopal Dhoot Kuldeep Patil Deepak Kochhar Deepak Kochhars Central Bureau Of Investigation On

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