Loan Fraud Archives

[Videocon Loan Fraud Case] Bombay High Court rules arrest of ICICI Bank’s former CEO Chanda Kochhar and Deepak Kochhar, illegal

Bombay High Court deemed the arrest of ex-ICICI Bank CEO Chanda Kochhar and her husband unlawful, amidst allegations of irregularities in Videocon loans raising questions about procedural fairness and legal scrutiny.

Case Briefs High Courts

[SBI Loan Fraud] Delhi High Court grants default bail to Avinash Jain, Managing Director, Arise India Ltd., due to incomplete investigation by CBI

Permitting the CBI to pick up one aspect of the investigation and file a piece-meal chargesheet with respect to the same and consequently, defeating the right of the applicant to default bail, goes against the mandate of Article 21.

Case Briefs High Courts

[Yes Bank Loan Fraud] Public money under garb of Term loan siphoned off, resulting in generation of ‘proceeds of crime’ as well as its layering and ultimate projection as untainted money: Del HC while denying bail to Gautam Thapar

Delhi High Court: While addressing a matter wherein bail of Gautam Thapar accused in Yes Bank Loan Fraud case, was sought, Manoj