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ED challenges clean chit to Kochhars and Dhoot, moves appellate tribunal

Seeking immediate stay on the order, the agency feels the impugned order, passed by the authority, went beyond its jurisdiction

Chanda Kochhar
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Chanda Kochhar

Shrimi Choudhary New Delhi
The Enforcement Directorate (ED) has moved the appellate tribunal challenging the order of its own adjudicating authority, which dismissed the attachment of properties belonging to ICICI Bank’s former managing director Chanda Kochhar and her husband Deepak Kochhar, said sources in know.

Seeking immediate stay on the order, the agency feels the impugned order, passed by the authority, went beyond its jurisdiction.

It (authority) has exceeded its jurisdiction by making a roving and fishing enquiry into the evidence placed on record and also disregarded the records and documents relied upon, the ED is learnt to have said in the plea.

The federal agency, which