It is learnt that while the Board has given its go-ahead to prosecute Kochhar, it has said that no wrongful loss was caused to the bank in the loan transaction with Videocon.
The Supreme Court on Friday affirmed that the remedy against third party is not available under Section 66 of IBC, and in such circumstances, it is for the Resolution Professional or the successful.
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In terms of gender equity, progress varies from field to field. The representation of women in politics remains abysmally low, with parties unable or unwilling to find ‘winnable’ women candidates in the 2021 assembly elections, even while wooing women voters.