Page 3 - Icici Videocon Loan Case

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

ED investigating at least 6 high-value loans in ICICI Bank-Videocon case

LRs to be issued to foreign agencies to gather more evidence

ICICI-Videocon case: ED questioning continues for third consecutive day

Summons Matix group Nishant Kanodia for questioning

Deepak Kochhar, Dhoot face intense grilling, leave ED office post midnight

The agency is probing if alleged kickbacks were generated in the loan deal and laundered to create tainted assets

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

The ED on Friday conducted searches at the premises of Chanda Kochhar, former chairman ICICI Bank, and Venugopal Dhoot of Videocon Group in Mumbai and Aurangabad, respectively

ICICI-Videocon case: ED raids offices, homes of Chanda Kochhar, Dhoot

ICICI bank-Videocon case: ED searches office, residential premises of Chanda Kochhar, Dhoot

Videocon loan row: CBI lookout circulars against Chanda Kochhar and husband

Earlier this month, ED had registered a money laundering criminal case against Chanda Kochhar, her husband, Videocon's Venugopal Dhoot, and others

ICICI-Chanda clawback case is likely to end up being challenged in court

The provision isn't part of legal statute in India, making it vulnerable to legal challenge

Fall from grace: Chanda Kochhar or ICICI board?

The boards of public interest entities should take every allegation by whistle blowers seriously

Videocon loan case: ED books Chanda, Deepak Kochhar for money laundering

The CBI has slapped sections of the Indian Penal Code related to criminal conspiracy

Little used in India, clawback provisions have seen greater traction abroad

ICICI Bank's own compensation policy suggests clawback in the event of 'gross negligence or integrity breach'

Chanda Kochhar held guilty in ICICI probe report, will lose her perks

Lender has decided to treat her leave from the bank as a termination and claw back her bonuses from April 2009 to March 2018