Icici-videocon Loan Fraud Case

Mr Dhoot had approached the high court on January 10 after the same bench granted bail to the Kochhars. The couple was arrested on December 23, 2022.

The lawyer of Videocon Group promoter Venugopal Dhoot on Friday argued before the Bombay High Court that the industrialist's arrest in the ICICI Bank loan fraud case was unwarranted as he was cooperating with the probe.

The court had yesterday said the reason to arrest the couple after four years of registering the case was not spelt out in the arrest memos, as mandated.

The Enforcement Directorate (ED) has summoned former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar next week in connection with a money laundering case related to a bank loan fraud, officials said.

Mr Dhoot had approached the high court on January 10 after the same bench granted bail to the Kochhars. The couple was arrested on December 23, 2022.

The lawyer of Videocon Group promoter Venugopal Dhoot on Friday argued before the Bombay High Court that the industrialist's arrest in the ICICI Bank loan fraud case was unwarranted as he was cooperating with the probe.

The court had yesterday said the reason to arrest the couple after four years of registering the case was not spelt out in the arrest memos, as mandated.

The Enforcement Directorate (ED) has summoned former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar next week in connection with a money laundering case related to a bank loan fraud, officials said.