Terming the arrest of ICICI Bank s former managing director and chief executive officer (MD&CEO) Chandar Kochhar and her husband Deepak Kochhar as an abuse of power by the central bureau of investigation (CBI), the Bombay high court (HC) says the arrest was without application of mind and due regard to the law .
The Supreme Court on Wednesday agreed to examine CBIs plea challenging Bombay High Court s order granting interim bail to Videocon Group chairman Venugopal Dhoot. A bench of Justices A S Bopanna and M M Sundresh issued notice to Dhoot after taking note of the submission of Additional Solicitor General S V Raju, appearing for the CBI, that the bail was granted without examining the case diary.
The Supreme Court on Wednesday issued notice on a plea by the CBI challenging interim bail granted by the Bombay High Court to Videocon Group chairman Venugopal Dhoot in connection with the ICICI Bank-Videocon loan case.A bench of Justices A.S. .
The CBI presented the evidence against the accused while arguing for taking cognisance of the chargesheet filed by it in April against the Kochhar couple, Videocon Group chairman VN Dhoot and others. The court has adjourned the matter to July 12. Cognisance in legal parlance paves the way for commencement of trial against an accused.
Chanda Kochhar, her husband Deepak Kochhar, and Videocon Group's promoter, V N Dhoot, have been charged in an alleged loan fraud scam case of Rs 3,250 crore, and all three were named in CBI's 11,000-page chargesheet.