The Bombay High Court on Thursday granted bail to businessman Deepak Kochhar, husband of former ICICI Bank CEO Chanda Kochhar, in the alleged ICICI Bank-Videocon money laundering case registered by the Enforcement Directorate (ED).
A single-judge bench of Justice Prakash D Naik granted the bail on furnishing a personal bond of Rs 3 lakh and one or two sureties of like amount. The court also ordered him not to leave India and to surrender his passport and cooperate with the probe.
The special PMLA court had rejected his bail plea in December 2020, after which he moved the HC.