DL-COURT-ICICI VIDEOCON-KOCHHAR - Court allows Chanda Kochhar's brother-in-law to travel abroad
Contributed by NAMPA / PTI.
New Delhi, May 16 (PTI) A Delhi court Thursday allowed former ICICI Bank CEO Chanda Kochhar's brother-in-law Rajiv Kochhar, a suspect in a bank loan fraud and money laundering case, to travel abroad for 10 days.
Special Judge Anju Bajaj Chandna allowed Rajiv to travel to New York on a personal bond of Rs 10 lakh and directed the Enforcement Directorate (ED) to suspend the look out circular (LOC) till then.
The court kept his application, seeking cancellation of LOC, for hearing on June 3.