Businessman Deepak Kochhar has petitioned the Bombay High Court to limit SFIO interrogations to office hours, following a lengthy questioning session in the Videocon-ICICI loan fraud case. The court granted interim relief, preventing coercive action and citing a recent ED circular advising similar guidelines. Kochhar’s plea underscores the importance of respecting basic rights during investigations.
The Bombay High Court declared the arrest of former ICICI Bank MD Chanda Kochhar and her husband by the CBI in a loan fraud case as an “abuse of power.” Emphasizing lack of justification and citing the right to silence, the court highlighted the procedural lapses and the accused’s cooperation with the investigation. The arrest was deemed illegal.