ED assures SC of no coercive action against Chanda Kochhar in PMLA case
The Enforcement Directorate (ED) on Friday told the Supreme Court that no coercive action will be taken by the agency against former ICICI Bank CEO and MD Chanda Kochhar in connection with the money laundering case.
Solicitor General Tushar Mehta informed the bench headed by Justice S.K. Kaul the probe agency would not take any coercive step in pursuance of the case registered in ICICI Bank-Videocon Group loan case.
The bench noting that interim protection is already in place, said it would hear later the two other petitions filed by Kochhar challenging the arrest of her husband Deepak Kochhar in the case. The bench further observed that the pendency of the bail application before the Supreme Court would not come in the way of the trial court in deciding the application for regular bail.
