The Bombay High Court on Thursday granted bail to Deepak Kochhar, husband of former ICICI Bank CEO Chanda Kochhar, in a money laundering case registered by the Enforcement Directorate (ED).
Kocchar had approached the high court after a special court in the city rejected his bail in December last year.
Justice P D Naik of the high court granted bail to him on merits on Thursday.
Kocchar was arrested by the ED in September last year under the Prevention of Money Laundering Act (PMLA) Act in the alleged ICICI Bank-Videocon money laundering case.
