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Supreme Court dismisses Chanda Kochhar's plea for retirement benefits from ICICI bank

IndiaTimes Friday, 8 December 2023
The Supreme Court declined to consider Chanda Kochhar's petition seeking retirement benefits from ICICI Bank. The high court's decision was upheld by the bench, stating no justification for interference. Kochhar had cited various documents and court orders, arguing that no prima facie case was established in the bank's lawsuit. The plea also sought the specific performance of entitlements and benefits provided when the bank accepted her early retirement in 2018. An inquiry was initiated against Kochhar in 2018 for her alleged involvement in granting out-of-turn loans to the Videocon Group.
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