HC declines urgent hearing on plea by businessman Deepak Kochhar
The Hindu
The ED arrested Mr. Kochhar on September 7, 2020, on charges of money laundering.
The Bombay High Court on Wednesday refused to urgently hear the petition filed by Deepak Kochhar, businessman and husband of Chanda Kochhar, former CEO of ICICI Bank, seeking to quash the proceedings initiated against him by the Enforcement Directorate in the ICICI and Videocon bank scam. The ED arrested Mr. Kochhar on September 7, 2020, on charges of money laundering. The case pertains to the deals between Videocon Group and the bank. The ED has relied upon an FIR registered by the CBI in 2019. Mr. Kochhar was granted bail by the High Court on March 26, 2021. He has now moved the court seeking an urgent hearing, claiming that the trial court is expected to frame charges against him on October 1.More Related News
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