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HomeLawChanda Kochhar, Deepak Kochhar, Venugopal Dhoot sent to judicial custody in ICICI-Videocon...

Chanda Kochhar, Deepak Kochhar, Venugopal Dhoot sent to judicial custody in ICICI-Videocon loan case

The Kochhars were arrested on December 23 in New Delhi and produced before a Special CBI Court in Mumbai on December 24. They were remanded to CBI custody till today.

Dhoot meanwhile was arrested on December 26.

Chanda is accused of cheating and irregularities in relation to a loan of ₹3,250 crore granted in 2012 to the Videocon Group, which became a non-performing asset for the ICICI Bank.

Dhoot meanwhile was arrested in order to confront him along with Kochhars.

The lawyers, appearing for the accused, submitted that mere interrogation and confrontation did not require arrest and custody.

Source: Barandbench

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