Page 3 - Icici Videocon Loan Case

ICICI Bank takes Chanda Kochhar to Bombay HC, demands return of bonuses

The bank is seeking recovery of amounts towards the clawback of bonuses given to her from April 2006 to March 2018 after her termination of services by the bank

Videocon case: ICICI Bank mulls consent plea as Sebi issues fresh notice

The fresh notice is more comprehensive and has cited the findings of former Justice Srikrishna panel, which was tasked to probe the quid-pro-quo transactions in ICICI Bank

Chanda Kochhar termination: Bombay HC seeks RBI's reply before next hearing

Earlier, Kochhar had stated that ICICI Bank was under statutory obligation to obtain prior RBI approval to terminate her from service, and claimed that the bank did not seek any such approval.

Kochhar challenges RBI decision to terminate her; HC seeks bank's response

Banking Regulation Act says that prior approval of the RBI is required to terminate the contract of a bank's chairman or managing director

Nod to Chanda Kochhar's termination fair, not arbitrary: RBI in Bombay HC

She was accused of playing a role in grant of out-of- turn loans of Rs 3,250 crore to Videocon Group, which allegedly benefited her husband, Deepak Kochhar.

ICICI-Videocon case: ED grills Chanda Kochhar, husband and Venugopal Dhoot

The three deposed as part of a regular summon and their statement is being being recorded under the Prevention of Money Laundering Act (PMLA), ED said

Chanda Kochhar takes ICICI Bank to Bombay HC; hearing on December 2

With this, the stage is set for an intense legal battle between the bank and its former CEO

Videocon loan case: ED likely to attach Chanda Kochhar's property, assets

The investment value of these assets is estimated at around Rs 100 crore

Chanda Kochhar seeks time from HC to make RBI party in ICICI Bank case

The court gave her time till December 9 to amend the plea and serve notice on the RBI

Chanda Kochhar's termination as CEO-MD as per law: ICICI Bank to HC

Kochhar had moved the Bombay High Court challenging ICICI Bank's decision to terminate her despite the bank having approved her request for early retirement

Top 10 biz headlines: GDP growth estimates, Vodafone woes, and more

From govt's Rs 25,000-cr realty fund to Videocon case, here are the top ten business headlines for the day

Videocon case: Kochhar yet to return ICICI Bank bonus despite reminders

Kochhar was directed to return about Rs 10 crore in cash bonuses she had received as CEO

NCLT bars SBI from selling Videocon's overseas oil & gas assets

The National Company Law Tribunal (NCLT) has asked SBI not go ahead with its plans to sell the overseas oil & gas assets of Videocon Industries in its bid to recover some of their dues from the bankrupt group. Asking for maintaining the status quo, the NCLT said if SBI is allowed to execute the sale as advertised, the Videocon Group may suffer an irreparable losses if this tribunal in future takes a view that the assets in question belong to or owned by the group. These subsidiaries are special purpose vehicles (SPVs) specifically incorporated by Venugopal Dhoot for holding foreign oil and gas assets for and on behalf of the group, the tribunal said in its order dated September 7. Therefore, it said, the creditors of these SPVs have lodged their claims with the RP. However, on merits the matter is still sub judice, the tribunal added. "SBI is hereby prohibited to go ahead with the advertisement and is directed to maintain the status quo till the decision is ...

Kochhar, Videocon companies had appointed dummy directors: ED probe

In a statement to ED, many directors said they had nothing to do with the firms

ED to widen probe in ICICI Bank-Videocon case; Kochhar to be grilled again

Chanda Kochhar will soon depose before the agency as she has recently sought more time from the agency owing to some health issues and personal commitments

ICICI-Videocon loan case: Kochhar contests bonus clawback, ESOP termination

Kochhar shot out a legal letter objecting to ICICI Bank's termination for cause

ICICI-Videocon case: Chanda Kochhar, husband appear before ED again

The Kochhar couple have been questioned in the past too at the ED zonal office in Mumbai after the central agency conducted raids in this case on March 1

Chanda Kochhar, husband appear before ED in ICICI Bank loan fraud case

Former ICICI Bank CEO Chanda Kochhar Monday appeared before the ED in connection with an alleged bank loan fraud and money laundering case registered against her. Kochhar arrived before the Enforcement Directorate's office here in Khan Market shortly before her scheduled appearance time of 11 am, official sources said. Sources said Kochhar isrequired to assist the investigating officer of the case in taking the probe forward and her statement will be recorded under the Prevention of Money Laundering Act (PMLA). Her husband Deepak Kochhar has also been summoned in the same case even as her brother-in-law (Deepak's brother) Rajiv Kochhar has been grilled by the ED few days back here. They have been questioned in the past too at the agency'sofficein Mumbai after the central agency conducted raids in this case on March 1. The searches were conducted at the premises of Chanda Kochhar, her family and Venugopal Dhoot of Videocon Group in Mumbai and Aurangabad. The ED has registered a ..

ICICI-Videocon case: ED summons Chanda Kochhar, husband next week

While Chanda has been summoned for May 3, Deepak and his brother Rajiv have been asked to depose on April 30

ICICI-Videocon loan case: Deepak Kochhar may be probed for benami assets

In April last year, tax authorities had questioned Deepak Kochhar over a Rs 405-crore investment by Accion Diversified Strategies Fund through its Mauritius subsidiary, DH Renewables Holding