The Bombay High Court on Friday granted interim bail to arrested Videocon group founder and chairman, Venugopal Dhoot. Dhoot approached the high court after co-accused Chanda Kochhar, former managing director and chief executive officer of the ICICI bank, and her husband were granted bail.
A division bench comprising justices Revati Mohite Dere and Prithviraj Chavan heard Dhoot’s plea. Earlier, ICICI Bank’s former CEO and managing director Chanda Kochhar and her husband, Deepak Kochhar, were released from jail on Tuesday in the Videocon bank fraud case.
They were released a day after the high court held their arrest was “not in accordance with the law.”