Mumbai: The Bombay High Court on Tuesday held as ‘illegal’ the arrest of ICICI Bank’s former Managing Director and Chief Executive Officer (CEO) Chanda Kochhar and her businessman-husband Deepak Kochhar by the Central Bureau of Investigation (CBI) in an alleged loan fraud case.
A division bench of Justices Anuja Prabhudessai and N R Borkar confirmed a January 2023 interim order passed by another bench granting the duo bail soon after their arrest in the case.
The couple was arrested by the CBI on December 23, 2022, in connection with the Videocon-ICICI Bank loan case.
