HC allows former ICICI Bank chief Kochhar to amend petition challenging termination

MUMBAI : The Bombay high court on Monday granted former ICICI Bank chief executive Chanda Kochhar time till 9 December to amend her petition challenging the termination of her service by the private sector lender.

Senior advocate Vikram Nankani, appearing on behalf of Kochhar, sought permission to amend the petition in view of the reply filed by ICICI Bank. On Monday, senior counsel Darius Khambata filed an affidavit on behalf of ICICI Bank saying the Reserve Bank of India (RBI) had approved Kochhar’s termination post-facto. The bank also produced the RBI approval letter as part of its submission.