ICICI-Videocon PMLA case: Bombay HC grants bail to Deepak Kochhar
The Bombay High Court on Thursday granted bail to Deepak Kochhar (pictured), husband of former ICICI Bank CEO Chanda Kochhar, in a money laundering case registered by the Enforcement Directorate (ED).
Kocchar had approached the high court after a special court in the city rejected his bail plea in December last year. Justice P D Naik of the high court, while granting bail to Kochhar on Thursday, directed him to furnish a personal bond of Rs 3 lakh.
The high court also directed Kochhar to surrender his passport before the special court in the city hearing the Prevention of Money Laundering Act (PMLA) cases, and asked him to co-operate with the probe.
