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.
SC had stayed UP Police's criminal proceedings against Yes Bank ex-CEO Kapoor & Videocon founder Dhoot last month. Chandra alleges Kapoor arm-twisted him into agreeing merger between Dish TV and Videocon in 2016.
Twin Star, a part of Agarwal’s Vedanta Group, will pay about Rs 30 billion to Videocon’s lenders. Videocon was among the first 12 companies pushed into bankruptcy after directions issued by RBI in 2017.
The court also asked Dhoot to surrender his passport and said he must appear before ED when required for probe in the alleged ICICI Bank-Videocon money laundering case.
Former ICICI CEO Chanda Kochhar is required to assist the investigating officer and her statement will be recorded under the Prevention of Money Laundering Act (PMLA)
The ED on Friday conducted searches at the homes and offices of former ICICI bank chief Chanda Kochhar and her husband Deepak, and Videocon Group's Venugopal Dhoot in a bank loan fraud case.
By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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