VIDEOCON SCAM: SC NOTICE TO CBI ON PLEA AGAINST HC ORDER ON KOCHHARS' ARREST
The Daily Guardian|September 07, 2024
A bench of Justices Sanjiv Khanna and Sanjay Kumar sought a response from the Kochhar couple and Maharashtra on the appeal of the CBI.
VIDEOCON SCAM: SC NOTICE TO CBI ON PLEA AGAINST HC ORDER ON KOCHHARS' ARREST

While declaring their arrest as illegal, the High Court confirmed to grant the couple interim bail on January 9, 2023.

The High Court had rejected CBI's arrest reasons memo in December 2023 for the non-cooperation and non-disclosure of facts of the case.

The CBI arrested the Kochhar couple on December 23, 2022, in connection with the alleged VideoconICICI Bank loan fraud case.

Apart from the Kochhar couple, the CBI has also arrested Videocon group founder Venugopal Dhoot in the case.

The CBI had registered a case against the Kochhar couple, Videocon Group promoter Venugopal Dhoot, and others for allegedly causing loss to the ICICI Bank by sanction-

ing loans to the Videocon Group of companies in contravention of the bank's policies.

This story is from the September 07, 2024 edition of The Daily Guardian.

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This story is from the September 07, 2024 edition of The Daily Guardian.

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