{"id":354514,"date":"2025-07-25T11:30:43","date_gmt":"2025-07-25T06:00:43","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=354514"},"modified":"2025-10-11T16:50:50","modified_gmt":"2025-10-11T11:20:50","slug":"videocon-loan-case-chanda-kochhars-assets-attachment-confirmed","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2025\/07\/25\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\/","title":{"rendered":"Appellate Tribunal for Forfeited Property confirms attachment of Chanda Kochhar\u2019s assets in ICICI-Videocon Loan case"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\"><span style=\"font-weight: bold;\">Appellate Tribunal for Forfeited Property:<\/span> In an appeal filed by Enforcement Directorate (\u2018ED\u2019) challenging the Adjudicating Authority&#8217;s order dated 6-11-2020, wherein the authority refused to confirm attachment of a flat in Churchgate, Mumbai (\u2018the Flat\u2019) and cash of Rs.10.5 Lakhs, the Bench of Munishwar Nath Bhandari, J. (Chairman) and Balesh Kumar (Member) found a clear chain of events indicating money laundering, including a Rs 64 crore transfer from Videocon to NRPL, a company controlled by Chanda Kochar\u2019s husband. The long-standing association and financial interlinking between Chanda Kochhar\u2019s husband and Videocon justified the attachment of property purchased with diverted funds.<\/p>\n<p style=\"margin-bottom: 3%;\">Thus, setting aside the Adjudicating Authority\u2019s order, except for the attachment of Rs 10.5 lakhs, which was not confirmed, the Tribunal upheld all other parts of the Provisional Attachment Order dated 10-1-2020.<\/p>\n<h3>Background<\/h3>\n<p style=\"margin-bottom: 3%;\">On 22-1-2019, an FIR was registered by the CBI for an offence under Sections <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001561375\" target=\"_blank\" rel=\"noopener\">120-B<\/a> and <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001561758\" target=\"_blank\" rel=\"noopener\">420<\/a> of <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0002726960\" target=\"_blank\" rel=\"noopener\">Penal Code, 1860<\/a> (\u2018IPC\u2019) and Sections 7 and 13(2) read with Section <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001564434\" target=\"_blank\" rel=\"noopener\">13(1)(d)<\/a> of the <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0002825997\" target=\"_blank\" rel=\"noopener\">Prevention of Corruption Act, 1988<\/a>. It was alleged Chanda Kochhar (MD and CEO), was involved in a criminal conspiracy to sanction Rs 1,730 crore in loans to the Videocon Group in violation of bank policies.<\/p>\n<p style=\"margin-bottom: 3%;\">During June-2009 to October-2011, ICICI Bank had sanctioned 6 high value loans to various Videocon Group of Companies. In 2009, a loan of Rs. 300 crores were sanctioned to Videocon International Electronics Ltd. (\u2018VIEL\u2019), in contravention of the rules and policy by a committee which included Chanda Kochhar. The next day on which the loan was disbursed, Rs 64 crore was transferred by V.N. Dhoot, founder of Videocon to NRPL, a company controlled by Kochhar\u2019s husband. It was alleged that after Chanda Kochhar became MD and CEO of ICICI Bank on 1-5-2009, the aforesaid loans to the Videocon Group were sanctioned. The allegations included conflict of interest, as she chaired or was a member of committees that sanctioned loan of Rs. 300 crores to VIEL and Rs. 750 Crores to Videocon Industries Ltd (\u2018VIL\u2019). The conflict of interest was due to the interest of her husband Deepak Kochhar in VIL and its entities, which she did not disclosed.<\/p>\n<p style=\"margin-bottom: 3%;\">It was stated that Rs 1,730 crore loan to the Videocon Group was to be repaid in 20 quarterly instalments, but no repayment was made. The matter was reviewed by ICICI\u2019s Board which found Chanda Kochhar guilty of multiple violations, including breach of fiduciary duty, conflict of interest, and misconduct. An internal enquiry led by Justice (Retd.) B.N. Srikrishna, concluded that she violated RBI, SEBI, and ICICI\u2019s own policies, warranting her termination.<\/p>\n<p style=\"margin-bottom: 3%;\">The investigations revealed that her husband, Deepak Kochhar, was the Managing Director of NRPL and controlled its affairs, the company that indirectly received, diverted loan funds. Consequently, the ED attached the Flat, which was the property of NRP and cash of Rs.10.5 Lakhs. However, the Adjudicating Authority refused to confirm the attachment, prompting the ED to file this appeal.<\/p>\n<h3>Analysis and Decision<\/h3>\n<p style=\"margin-bottom: 3%;\">The Tribunal stated that the value of the Flat was much more than a consideration of Rs. 11 lakhs, and it had rightly been taken to be nothing but the proceeds of crime. The Tribunal opined that as it was acquired through a crime linked to sanctioning of loan worth Rs 750 and Rs 1730 crores by ICICI Bank where Chanda Kochhar, despite a conflict of interest, participated in and approved the loans urgently, constituting fraud under Section <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001561758\" target=\"_blank\" rel=\"noopener\">420<\/a> <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0002726960\" target=\"_blank\" rel=\"noopener\">IPC<\/a>.<\/p>\n<p style=\"margin-bottom: 3%;\">The Tribunal noted that the loan to Videocon Group was sanctioned under an &#8220;urgent&#8221; proposal without explanation, and Chanda Kochhar failed to disclose her conflict of interest. After disbursement of Rs 300 crores, Rs 64 crores was routed to NRPL. This diversion violated loan terms and benefited Deepak Kochhar\u2019s entity, justifying the attachment of NRPL\u2019s assets as proceeds of crime.<\/p>\n<p style=\"margin-bottom: 3%;\">The Tribunal took note of the respondents\u2019 contention, which referred to Section <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001534472\" target=\"_blank\" rel=\"noopener\">5(1)<\/a> of the <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0002801311\" target=\"_blank\" rel=\"noopener\">Prevention of Money Laundering Act, 2002<\/a> (\u2018PMLA\u2019) to indicate that there was no exceptional reason to attach the property when it was already under mortgage and opined that since Deepak Kochhar had significant interest in NRPL, the attachment was justified under the second proviso of Section <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001534472\" target=\"_blank\" rel=\"noopener\">5(1)<\/a> <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0002801311\" target=\"_blank\" rel=\"noopener\">PMLA<\/a> to prevent possible alienation. Their strong opposition to the attachment indicated intent to frustrate proceedings, thus validating the provisional attachment.<\/p>\n<p style=\"margin-bottom: 3%;\">The respondents argued that Chanda Kochhar wasn\u2019t solely responsible for sanctioning the loan and that Deepak Kochhar didn\u2019t own NRPL. However, the Tribunal found a clear chain of events indicating money laundering, including a Rs 64 crore transfer from Videocon to NRPL, which was under Deepak Kochhar\u2019s control as per V.N. Dhoot\u2019s statement. The long-standing association and financial interlinking between Deepak Kochhar and Videocon justified the attachment of property purchased with diverted funds, and the Adjudicating Authority&#8217;s contrary findings were deemed perverse.<\/p>\n<p style=\"margin-bottom: 3%;\">Thus, setting aside the Adjudicating Authority\u2019s order, except for the attachment of Rs 10.5 lakhs, which was not confirmed, the Tribunal upheld all other parts of the Provisional Attachment Order dated 10-1-2020.<\/p>\n<p style=\"margin-bottom: 3%;\">[<span style=\"font-weight: bold; color: #632423;\">Enforcement Directorate v. Chanda Kochhar, <a href=\"http:\/\/www.scconline.com\/DocumentLink\/17JTDF9B\" target=\"_blank\" rel=\"noopener\">2025 SCC OnLine ATSAFEMA 7<\/a>, decided on 3-7-2025<\/span>]<\/p>\n<hr \/>\n<p>Advocates who appeared in this case :<\/p>\n<p style=\"margin-left: 18pt;\"><span style=\"font-weight: bold;\">For the Appellant:<\/span> Zoheb Hossain (Spl. Counsel), N.K. Matta (SPP), Vivek Gurnani, Kanishk Maurya, Aaditya Raj Sharma, Faizan Khan, Advocates and Mr. Rakesh Bansal (EO, ED)<\/p>\n<p style=\"margin-left: 18pt;\"><span style=\"font-weight: bold;\">For the Respondents:<\/span> Vikram Chaudhri (Sr. Advocate) Arveen Sekhon, Muskaan Khurana, Advocates<\/p>\n<h3 style=\"color: #000080;\">Buy Penal Code, 1860 \u00a0 <a href=\"https:\/\/www.ebcwebstore.com\/product_info.php?products_id=1158\" target=\"_blank\" rel=\"noopener\">HERE<\/a><\/h3>\n<p style=\"margin-bottom: 3%;\"><a href=\"https:\/\/www.ebcwebstore.com\/product_info.php?products_id=1158\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-294601\" src=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/penal-code-1860-300x200.jpg\" alt=\"penal code, 1860\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/penal-code-1860-300x200.jpg 300w, https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/penal-code-1860-768x511.jpg 768w, https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/penal-code-1860-440x293.jpg 440w, https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/penal-code-1860-650x433.jpg 650w, https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/penal-code-1860.jpg 886w, https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/penal-code-1860-60x40.jpg 60w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<h3 style=\"color: #000080;\">Buy Prevention of Corruption Act, 1988 \u00a0 <a href=\"https:\/\/www.ebcwebstore.com\/product_info.php?products_id=1170\" target=\"_blank\" rel=\"noopener\">HERE<\/a><\/h3>\n<p style=\"margin-bottom: 3%;\"><a href=\"https:\/\/www.ebcwebstore.com\/product_info.php?products_id=1170\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-295972\" src=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/prevention-of-corruption-act-1988-300x200.jpg\" alt=\"prevention of corruption act, 1988\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/prevention-of-corruption-act-1988-300x200.jpg 300w, https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/prevention-of-corruption-act-1988-768x511.jpg 768w, https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/prevention-of-corruption-act-1988-440x293.jpg 440w, https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/prevention-of-corruption-act-1988-650x433.jpg 650w, https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/prevention-of-corruption-act-1988-60x40.jpg 60w, https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/prevention-of-corruption-act-1988.jpg 886w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p style=\"font-style: italic;\">As per the Rules, Chanda Kochhar should have distanced from the meetings which were held for loan sanction, because of conflict of interest. However, not only did she participate in the meeting, but she also sanctioned the loan under urgent category.<\/p>\n","protected":false},"author":67522,"featured_media":354515,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,11],"tags":[84975,33524,85944,85945,85942,85946,19261,85943],"class_list":["post-354514","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casebriefs","category-tribunals_commissions_regulatorybodies","tag-appellate-tribunal-for-forfeited-property","tag-chanda-kochhar","tag-conflict-of-interest-in-banking","tag-deepak-kochhar-nrpl","tag-icici-bank-loan-fraud","tag-icici-videocon-loan-case","tag-money-laundering","tag-videocon-loan-scam"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Videocon loan case: Chanda Kochhar\u2019s assets attachment| SCC Times<\/title>\n<meta name=\"description\" content=\"Appellate Tribunal for Forfeited Property confirmed ICICI Bank\u2019s Ex Chairman Chanda Kochhar\u2019s assets attachment in Videocon Loan case.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2025\/07\/25\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Appellate Tribunal for Forfeited Property confirms attachment of Chanda Kochhar\u2019s assets in ICICI-Videocon Loan case\" \/>\n<meta property=\"og:description\" content=\"Appellate Tribunal for Forfeited Property confirmed ICICI Bank\u2019s Ex Chairman Chanda Kochhar\u2019s assets attachment in Videocon Loan case.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2025\/07\/25\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-25T06:00:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-11T11:20:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/07\/Videocon-loan-case.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"886\" \/>\n\t<meta property=\"og:image:height\" content=\"590\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Niyati\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Appellate Tribunal for Forfeited Property confirms attachment of Chanda Kochhar\u2019s assets in ICICI-Videocon Loan case\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Niyati\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/07\\\/25\\\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/07\\\/25\\\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\\\/\"},\"author\":{\"name\":\"Niyati\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/9fcdd3f9b1656d3c86b93c274ac0851e\"},\"headline\":\"Appellate Tribunal for Forfeited Property confirms attachment of Chanda Kochhar\u2019s assets in ICICI-Videocon Loan case\",\"datePublished\":\"2025-07-25T06:00:43+00:00\",\"dateModified\":\"2025-10-11T11:20:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/07\\\/25\\\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\\\/\"},\"wordCount\":908,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/07\\\/25\\\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/07\\\/Videocon-loan-case.webp\",\"keywords\":[\"Appellate Tribunal for Forfeited Property\",\"Chanda Kochhar\",\"Conflict of interest in banking\",\"Deepak Kochhar NRPL\",\"ICICI Bank loan fraud\",\"ICICI-Videocon loan case\",\"money laundering\",\"Videocon loan scam\"],\"articleSection\":[\"Case Briefs\",\"Tribunals\\\/Commissions\\\/Regulatory Bodies\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/07\\\/25\\\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/07\\\/25\\\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\\\/\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/07\\\/25\\\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\\\/\",\"name\":\"Videocon loan case: Chanda Kochhar\u2019s assets attachment| SCC Times\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/07\\\/25\\\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/07\\\/25\\\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/07\\\/Videocon-loan-case.webp\",\"datePublished\":\"2025-07-25T06:00:43+00:00\",\"dateModified\":\"2025-10-11T11:20:50+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/9fcdd3f9b1656d3c86b93c274ac0851e\"},\"description\":\"Appellate Tribunal for Forfeited Property confirmed ICICI Bank\u2019s Ex Chairman Chanda Kochhar\u2019s assets attachment in Videocon Loan case.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/07\\\/25\\\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/07\\\/25\\\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/07\\\/25\\\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/07\\\/Videocon-loan-case.webp\",\"contentUrl\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/07\\\/Videocon-loan-case.webp\",\"width\":886,\"height\":590,\"caption\":\"Videocon loan case\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/2025\\\/07\\\/25\\\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Appellate Tribunal for Forfeited Property confirms attachment of Chanda Kochhar\u2019s assets in ICICI-Videocon Loan case\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/#\\\/schema\\\/person\\\/9fcdd3f9b1656d3c86b93c274ac0851e\",\"name\":\"Niyati\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3fb20d70fc1002554a7094c80f8d54c0f3dad0fd7c5b119db6833ce4c54a5115?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3fb20d70fc1002554a7094c80f8d54c0f3dad0fd7c5b119db6833ce4c54a5115?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3fb20d70fc1002554a7094c80f8d54c0f3dad0fd7c5b119db6833ce4c54a5115?s=96&d=mm&r=g\",\"caption\":\"Niyati\"},\"url\":\"https:\\\/\\\/www.scconline.com\\\/blog\\\/post\\\/author\\\/niyati\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Videocon loan case: Chanda Kochhar\u2019s assets attachment| SCC Times","description":"Appellate Tribunal for Forfeited Property confirmed ICICI Bank\u2019s Ex Chairman Chanda Kochhar\u2019s assets attachment in Videocon Loan case.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2025\/07\/25\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\/","og_locale":"en_US","og_type":"article","og_title":"Appellate Tribunal for Forfeited Property confirms attachment of Chanda Kochhar\u2019s assets in ICICI-Videocon Loan case","og_description":"Appellate Tribunal for Forfeited Property confirmed ICICI Bank\u2019s Ex Chairman Chanda Kochhar\u2019s assets attachment in Videocon Loan case.","og_url":"https:\/\/www.scconline.com\/blog\/post\/2025\/07\/25\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2025-07-25T06:00:43+00:00","article_modified_time":"2025-10-11T11:20:50+00:00","og_image":[{"width":886,"height":590,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/07\/Videocon-loan-case.jpg","type":"image\/jpeg"}],"author":"Niyati","twitter_card":"summary_large_image","twitter_title":"Appellate Tribunal for Forfeited Property confirms attachment of Chanda Kochhar\u2019s assets in ICICI-Videocon Loan case","twitter_misc":{"Written by":"Niyati","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/07\/25\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\/#article","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/07\/25\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\/"},"author":{"name":"Niyati","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/9fcdd3f9b1656d3c86b93c274ac0851e"},"headline":"Appellate Tribunal for Forfeited Property confirms attachment of Chanda Kochhar\u2019s assets in ICICI-Videocon Loan case","datePublished":"2025-07-25T06:00:43+00:00","dateModified":"2025-10-11T11:20:50+00:00","mainEntityOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/07\/25\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\/"},"wordCount":908,"commentCount":0,"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/07\/25\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/07\/Videocon-loan-case.webp","keywords":["Appellate Tribunal for Forfeited Property","Chanda Kochhar","Conflict of interest in banking","Deepak Kochhar NRPL","ICICI Bank loan fraud","ICICI-Videocon loan case","money laundering","Videocon loan scam"],"articleSection":["Case Briefs","Tribunals\/Commissions\/Regulatory Bodies"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.scconline.com\/blog\/post\/2025\/07\/25\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/07\/25\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\/","url":"https:\/\/www.scconline.com\/blog\/post\/2025\/07\/25\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\/","name":"Videocon loan case: Chanda Kochhar\u2019s assets attachment| SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/07\/25\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/07\/25\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/07\/Videocon-loan-case.webp","datePublished":"2025-07-25T06:00:43+00:00","dateModified":"2025-10-11T11:20:50+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/9fcdd3f9b1656d3c86b93c274ac0851e"},"description":"Appellate Tribunal for Forfeited Property confirmed ICICI Bank\u2019s Ex Chairman Chanda Kochhar\u2019s assets attachment in Videocon Loan case.","breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/07\/25\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2025\/07\/25\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/07\/25\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/07\/Videocon-loan-case.webp","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/07\/Videocon-loan-case.webp","width":886,"height":590,"caption":"Videocon loan case"},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2025\/07\/25\/videocon-loan-case-chanda-kochhars-assets-attachment-confirmed\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Appellate Tribunal for Forfeited Property confirms attachment of Chanda Kochhar\u2019s assets in ICICI-Videocon Loan case"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/9fcdd3f9b1656d3c86b93c274ac0851e","name":"Niyati","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/3fb20d70fc1002554a7094c80f8d54c0f3dad0fd7c5b119db6833ce4c54a5115?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/3fb20d70fc1002554a7094c80f8d54c0f3dad0fd7c5b119db6833ce4c54a5115?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3fb20d70fc1002554a7094c80f8d54c0f3dad0fd7c5b119db6833ce4c54a5115?s=96&d=mm&r=g","caption":"Niyati"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/niyati\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/07\/Videocon-loan-case.webp","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/354514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67522"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=354514"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/354514\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/354515"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=354514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=354514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=354514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}