Kochhar arrest controversy ruled as illegal by Bombay HC

Kochhar arrest controversy reaches new height as the Bombay HC rules out the arrest of the ex-ICICI Bank CEO and her husband as illegal

Image Source by GOOGLE

[{"selector":"#anim-cfdb2108-b20c-4438-b043-71df0c32b0a9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-fc3909e1-6999-4ff7-97ee-55ed7cf7cc2a","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-b0a599e9-b054-4c59-b1a3-838daffbcca6","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Image Source by GOOGLE The CBI suffered a major setback as the arrest of the ex-CEO and her husband has been ruled as illegal by the Bombay High Court

[{"selector":"#anim-db41d8ef-96bb-4392-8271-1683204a4de5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(1.3499999932447295%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-0d6552e4-1ecc-4dec-9636-07de90a80b59","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-a1f28736-f03b-4859-b604-ab6bbf7ddf1c","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Image Source by GOOGLE The scam had initially created a lot of furore when the irregularities were unearthed in 2018 after the bank initiated an enquiry

[{"selector":"#anim-b6626c1d-4192-4306-aa41-0a70aa8caa43 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(1.596283778381114%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-e8ee2781-19fe-4bb8-8a6a-f97cccca81e6","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-eded1527-d6e7-44f8-9efa-1e0d85ab56c2","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Image Source by GOOGLE Venugopal Dhoot, had received aloan of Rs. 3250 crores from ICICI Bank that was largely facilitated by the CEO of the bank

[{"selector":"#anim-c161954f-6bc2-4309-8334-ef439765ceb9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-8.631465479994858%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-ef05df78-02b3-4180-9eee-df80ba976367","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-6d2c0953-a77c-44b0-a597-a6a184f38217","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Image Source by GOOGLE CBI revealed that bank norms were very much twisted to accommodate the deal with undue favours being granted to the beneficiary

[{"selector":"#anim-e9e62065-de60-4cff-9a21-2190384d8ce0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(8.817904609852395%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b3fe491d-8d83-4c21-9f6d-d748847b8432","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-f5e29bff-4b96-4e9a-b587-2f5dba03253a","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Image Source by GOOGLE This led the CBI to file a criminal conspiracy case against ChandaKochhar, her husband Deepak Kochhar along with Venugopal Dhoot

[{"selector":"#anim-53fbdb30-bf24-4d06-bbf9-ba0699e92198 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-2.9418609951900585%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-5327fe56-4355-48e0-8557-0444796b239d","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-66d805ad-6fdd-43e8-9137-c5f340a28689","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Image Source by GOOGLE The whole controversy after it was unearthed led to the ouster of ChandaKochhar as the CEO of the bank

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Kochhar arrest controversy reaches new height as the Bombay HC rules out the arrest of the ex-ICICI Bank CEO and her husband as illegal

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