This was after ED contested the adjudicating authority’s order that quashed its attachment of a Mumbai flat owned by the Kochhars and cash of Rs 10.5 lakh.
Without commenting on the merits of the allegations, the HC limited its decision to the legality of the arrest and if there was any contravention of statutory provisions.
The special PMLA court asked ED to file its reply on Chanda Kochhar's bail application, filed in connection with the ICICI Bank-Videocon money laundering case.
The SC bench was hearing Kochhar's appeal against the Bombay HC order which had dismissed her plea and said the matter falls within the realm of private bank and employee.
Solicitor General Tushar Mehta informed the apex court bench that ED won't take this action in pursuance of the ECIR registered in ICICI Bank-Videocon Group case.
Former ICICI MD & CEO Chanda Kochhar’s husband Deepak Kochhar was arrested Monday and is currently in ED custody in connection with a money laundering probe.
The couple are being probed in a case of alleged irregularities & money laundering after ICICI bank loans given to Videocon group while Chanda Kochhar was CEO came under ED scanner.
The Indian planning system did not encourage individuals based on ‘what they knew’, but on ‘whom they knew’. Many left for countries that recognised their talent.
The new law, which the government has framed as a moral duty, forced major platforms like Dream11 & Zupee to shut operations, wiping out hundreds of crores in market capitalisation.
Joint Doctrine for Special Forces Operations, released Wednesday, also outlines plans for the future expansion of AFSOD and the creation of Joint Service Training Institutes.
Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.
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