The Enforcement Directorate (ED) has arrested Deepak Kochar, husband of former ICICI Bank MD and CEO Chanda Kochhar in connection with ICICI Bank-Videocon case, Enforcement Directorate (ED) officials have informed.
The Bombay High Court on Thursday dismissed a petition filed by Chanda Kochhar against her termination as managing director and CEO of the ICICI Bank, noting the dispute arises from a contract of personal service.
Chanda Kochhar's counsel Vikram Nankani earlier argued that her termination came months after the bank approved her voluntary resignation on October 5, 2018 and therefore, the termination is "illegal, untenable, and unsustainable in law".
Chanda Kochhar property seized: The Enforcement Directorate has provisionally attached property and shares of former ICICI Bank Managing Director Chanda Kochhar. She is presently being probed for cash for loan scam by CBI and ED.
Additional District Judge Sandeep Garg passed the directions on a complaint filed through advocate Vijay Aggarwal, who claimed that the content of the film was "defamatory" as "it makes insinuations and judgments about the life of the plaintiff (Kochhar)".
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