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Chanda Kochhar Wins Case Against CBI, Court Says Arrest Not Per Law

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Ex-ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar are set to be released after the Bombay High Court said their arrests were not in accordance with the law. They were arrested by the Central Bureau of Investigation (CBI) on December 23 in a case linked to alleged irregularities in an over Rs. 3,000-crore loan provided to the Videocon Group when Chanda Kochhar was heading the private sector bank.

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