Chanda Kochhar gets arrest shield
The Supreme Court on Friday recorded an undertaking from the Enforcement Directorate (ED) that no coercive action would be taken without the prior consent of the court against former ICICI Bank CEO and MD Chanda Kochhar in connection with the ICICI Bank-Videocon money laundering case probe.
A bench of Justices Sanjay Kishan Kaul, Dinesh Maheshwari and Hrishikesh Roy recorded an undertaking to this effect from solicitor-general Tushar Mehta who appeared for the ED and assured the court that “…no coercive step would be taken against the petitioner”.
The ED, therefore, is not going to effect Chanda Kochhar’s arrest at least without the top court’s prior permission. The bench after recording an undertaking posted the matter for further hearing to November 27.
