Friday, September 20, 2024
spot_img

Videocon loan fraud: SC seeks reply of Chanda Kochhar, husband on CBI’s plea

Date:

Share post:

spot_img
spot_img
New Delhi, Oct 16: The Supreme Court on Monday issued a notice on Central Bureau of Investigation’s petition challenging the interim bail granted by the Bombay High Court to former ICICI bank chief Chanda Kochhar in the Videocon loan fraud case.

The bench comprising Justices Aniruddha Bose and Bela M Trivedi heard the case and sought a response from Chanda Kochhar and her husband Deepak Kochhar.

The case will be taken up after three weeks by the apex court.

In January, the high court ordered the interim release of Chanda Kochhar and her husband Deepak Kochhar from judicial custody after their arrest by the CBI.

Earlier on Tuesday, the Supreme Court bench had asked Additional Solicitor General (ASG) of India (ASG), S.V. Raju, appearing for the CBI, why the Bombay High Court bail order of January 9, granting bail for two weeks only, was still continuing.

“Bail has been continuing. They keep filing letters. I do not know what is happening there,” the ASG said.

The bench then listed the case for October 16 to allow the ASG to get instructions.

Chanda Kochhar and her family are alleged to have received kickbacks over her tenure in lieu of loans provided to the Videocon group.

In January, the Bombay High Court allowed the release of the Kochhars on a cash bail of Rs 1 lakh each and observed that the arrest was not in accordance with the law.

IANS

spot_img
spot_img

Related articles

Rally in SWGH to protest rape incidents

Tura, Sep 20: As a show of protest against two rape incidents in South West Garo Hills, a...

Assam Cong panel alleges violation of draft delimitation norms

Guwahati, Sept 20: The Assam Pradesh Congress Delimitation Committee has expressed concern at the alleged anomalies and gross...

Sukesh Chandrashekhar unveils portrait of Jacqueliene; calls it ‘straight out of my dreams’

Shillong, September 20: Alleged conman Sukesh Chandrashekhar, currently lodged in a Delhi jail, has unveiled a striking artwork...

‘Unconstitutional’: Bombay HC strikes down IT Rules amendment setting up ‘Fact Checker Units’

Shillong, September 20: The Bombay High Court's "tie-breaker" judge on Friday struck down the Information Technology Rules amendments'...