The multi-crore money laundering scam was being investigated by the Enforcement Directorate (ED).
However, Chanda Kochchar is restricted from leaving the country without the court's orders.
The high court had accepted the bank's contention that Kochhar's plea was not maintainable as the dispute was contractual and concerns a private body.
Chanda Kochhar is being probed in a money laundering case
The ED is probing Kochhar and her husband in a money laundering case when she was the ICICI Bank chairman.
They were the bankers of the 21st century, the future of Indian banking. After being at the pinnacle of power for years, their downfall came with loud thuds – and within a few weeks and months. Finally, they were completely disgraced.
Sources said that former ICICI Bank CEO, Chanda Kochhar is required to assist the investigating officer of the case in taking the probe forward, and her statement will be recorded under the Prevention of Money Laundering Act (PMLA).
Chanda Kochhar has been summoned for May 3, Deepak and his brother Rajiv have been asked to depose on April 30 before the investigating officer of the case and record their statements.
The raids are being carried out in at least five office and residential premises in Mumbai and a few other locations.
Chanda Kochhar stepped down from the post of CEO and MD on October 4 last year after expose of the loan saga. Her tenure in the bank was to end this March.
A criminal case of money laundering against former ICICI Bank CEO Chanda Kochhar, her husband Deepak Kochhar, Videocon Group promoter Venugopal Dhoot and others have been registered.
The enquiry report submitted by Justice (Retd) B N Srikrishna on Wednesday concluded that there was lack of diligence with respect to annual disclosures and violation of code of conduct, on Kochhar's part.
The enquiry report submitted by Justice (Retd) B N Srikrishna on Wednesday concluded that there was lack of diligence with respect to annual disclosures and violation of code of conduct, on Kochhar's part.
Sudhanshu Dhar Mishra, who was Superintendent of Police (SP) of Banking and Securities Fraud Cell of CBI, Delhi, was transferred to CBI's Economic Offences Branch in Ranchi, Jharkhand.
The CBI has registered the FIR in connection with the Rs3,250 crore loan to the Videocon Group given in 2012.
Without detailing the allegations, the bank in a regulatory filing said the inquiry will be headed by an independent and credible person.
P Pradeep Kumar confirmed that he worked with Kochhar's Avista Adivisory till earlier this week.
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