SC dismisses Chanda Kochhar's plea for retirement benefits from ICICI bank
December 08, 2023  16:12
The Supreme Court on Friday refused to entertain former ICICI bank managing director and CEO Chanda Kochhar's plea seeking retirement benefits from the bank. 

 A bench of Justices Sanjiv Khanna and SVN Bhatti said, "Not a case for interference. We are not inclined to interfere with the high court order. The special leave petition is dismissed." 

 At the outset, senior advocate Harish Salve, appearing for Kochhar said the high court had dismissed the petition without any discussion or finding. 

 The bench said it has seen the facts involved and the case does not warrant any interference. Kochhar has challenged the Bombay High Court's May 3 order, which dismissed her petition saying grant of any interim relief to her would cause irreparable damage and prejudice to the bank. 

 Meanwhile, another top court bench headed by Justice Bela M Trivedi adjourned the hearing on a separate plea filed by CBI challenging grant of interim bail to Kochhar. 

The plea of the probe agency will now be heard on December 11. In her plea seeking retiral benefits from ICICI bank, Kochhar has referred to various documents and order of the court and said no prima facie case was found in the suit filed by the bank. 

 Her plea before the top court also referred to the November 2022 order passed by the single judge bench of the high court. The single judge bench of the high court had directed Kochhar to not deal with the bank's Rs 6.90 lakh shares she had acquired in 2018. -- PTI
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