The Mumbai High Court has pronounced a major verdict in the ICICI Bank-Videocon loan fraud case. The High Court has allowed Chanda Kochhar and her husband Deepak Kochhar to be released from judicial custody. The High Court declared the arrest of former ICICI Bank CEO Chanda Kochhar illegal in the bank fraud case. The court said – his arrest is not according to the law.
The court allowed former ICICI Bank CEOs Chanda Kochhar and Deepak Kochhar to be released on cash bail of Rs 1 lakh each. But the CBI has opposed their release. Let it be said that the C
Regarding the matter, the Kochhar couple’s counsel said that the court granted them bail on the ground that the arrest of Chanda Kochhar and her husband Deepak Kochhar was illegal as the Kochhar couple appeared before the CBI pursuant to a notice issued under Section 41A. was He said that no situation was contested by the CBI. Due to which he got bail.
BI arrested the Kochhar couple in the ICICI Bank-Videocon loan fraud case. After this, Videocon promoter Venugopal Dhoot was also arrested in the same case. Currently, all three judges are in custody.