HC grants bail to Chanda Kochhar, her husband Deepak Kochhar in loan fraud case
A division bench held that the arrest of Kochhars was in violation of Section 41A of the Code of Criminal Procedure
Source: deccanchronicle.com
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Chanda Kochhar, her husband released by Bombay HC in loan fraud case
The High Court said that their arrests were not in accordance with the provisions of the Code of Criminal Procedure.
Source: scroll.in
Bombay HC Grants Bail To Ex- ICICI Bank CEO Chanda Kochhar, Husband In Loan Fraud Case
MUMBAI: The Bombay High Court on Monday granted bail to former ICICI bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar in the loan fraud case. The couple had filed a petition alleging that it was an illegal arrest. In its interim orders, the division bench of Justice Revati Mohite Dere and Justice Prithvi Raj Chavan stated that the arrests were not in accordance
Source: sakshi.com
ICICI Bank-Videocon Fraud Case: CBI's Arrest Of Ex Banker Chanda Kochhar Illegal, Says Bombay High Court
Chanda Kochhar, former ICICI bank CEO, and her husband Deepak Kochhar will be freed after a court today said their arrests last month were illegal.
Source: ndtv.com
Former ICICI bank chief Chanda Kochhar, husband set to be freed
Chanda Kochhar, the former Chief Executive Officer of ICICI Bank, and her husband, Deepak Kochhar, are set to go free after a huge reprieve from an Indian court on Monday, according to a Reuters report quoting their lawyer. The High Court of Bombay ruled that the arrests of the Kochhars in connection with an alleged loan fraud case involving the bank and Videocon Group were illegal, according to sources cited by Reuters.
Source: wionews.com