Page 22 - Videocon Group News Today

MUMBAI, Feb 12: Former ICICI Bank CEO and MD Chanda Kochhar appeared before a special PMLA court here on Friday in connection with the ICICI Bank-Videocon

Former ICICI Bank chief Chanda Kochhar was granted bail by a special court on Friday, in connection with ICICI-Videocon money laundering case. Kochhar who is among the accused in the matter, appear before the court seeking bail, where she was asked to deposit Rs 5 lakh as a bond and not to leave the country without prior permission of the court. “She is ready to abide by all the terms and the condition of the court releasing on bail. The applicant (Kochhar) is a respectable citizen and conf...

Read more about Special PMLA court summons Chanda Kochhar, Venugopal Dhoot on Feb 12 on Business Standard. Enforcement Directorate establishes proceeds of crime to the tune of Rs 72 cr

ICICI Bank case: PMLA court summons Chanda, Deepak Kochhar, Venugopal Dhoot on Feb 12 The ED had filed a money laundering case against the Kochhars, Dhoot and others for illegal sanctioning of loans amounting to Rs 1,875 crore to the Videocon Group of companies PTI | January 31, 2021 | Updated 12:29 IST A special PMLA court in Mumbai on Saturday issued summons to former ICICI Bank managing director Chanda Kochhar and other accused after taking cognizance of the charge sheet filed against them...

PMLA case: Kochhars, Venugopal Dhoot told to appear in court on February 12 SECTIONS Last Updated: Jan 30, 2021, 07:58 PM IST Share Synopsis Special PMLA Judge AA Nandgoankar took cognisance of the complaint filed by ED on Saturday and directed all the accused to remain present before it on February 12. The ED had arrested Deepak Kochhar in September after it filed a criminal case of money laundering based on an FIR registered by the CBI against the Kochhars, Dhoot and others. Mumbai: A special...

Tweaking IBC for cross-border cases × The Insolvency and Bankruptcy Code 2016 has been beefed up to suit current needs but issues still remain Overhauling the insolvency and bankruptcy regime, India enacted the Insolvency and Bankruptcy Code 2016 in May 2016. The Code emulates UK’s insolvency laws and is customised for India. While it has been trimmed and strengthened since inception to suit the current needs, a few issues still remain to be addressed. One of them is cross-border insolvency ...

Tata Sons Vs Cyrus Mistry The Supreme Court continued final hearings in the dispute between Tata Sons and Shapoorji Pallonji Group, as the conglomerates have been embroiled in a legal battle since 2016 when Cyrus Mistry, scion of the family that controls the Shapoorji Pallonji (SP) Group, was sacked as chairman of Tata Sons. The SP Group is the largest minority shareholder in Tata Group. Both parties have challenged a December 2019 order of the National Company Law Appellate Tribunal (NCLAT) ...

Chanda Kochhar involved in okaying 46% of loan proposals for Videocon: ED   Thu, Dec 10 2020 07:03:10 PM By Anand Singh Mumbai, Dec 10 (IANS): Chanda Kochhar was part of the committee or present in meetings where 46 per cent proposals of Videocon Group were agreed to, and out of which eight proposals amounting to Rs 5,394 crore were sanctioned after she became MD and CEO of ICICI Bank, the Enforcement Directorate (ED) said in its charge sheet in connection with ICICI-Videocon loan case. The 3...