Supreme Court Rejects Former ICICI Bank CEO Chanda Kochhar's Plea

The Supreme Court has rejected ICICI Bank's former CEO Chanda Kochhar's plea against her dismissal from the chief executive and MD post. Kochhar was fired in 2019, months after she stepped down from posts. Rejecting her plea, the court held, "this falls within the realm of private contract between bank and employer." Earlier, in 2019, ED booked Chanda, her husband Deepak and Videocon’s Venugopal Dhoot for irregularities in approving Rs 1,875 crore loan by ICICI.