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Kochhar was asked to deposit a cash guarantee of Rs 5 lakh for six months and to pledge that the property at 18 years old, Rakhi Mahal would not be transferred under another name for a period from one year.
The court also ordered Kochhar to appear before the CBI within 10 days, should she be questioned in the future.
"It is clearly established that the disputed LOC is rendered in the current state of affairs and that at the end of the formalities, leave is granted to go abroad, which concerns only the disputed LOC, "observed the court.
"CBI is free to issue new LOCs, if necessary, in accordance with the rule." In March of this year, the CBI had recorded a preliminary investigation against Deepak Kochhar and Venugopal Dhoot to review the Rs 40,000 Videocon loan from a consortium of lenders, including ICICI Bank. While Deepak Kochhar has not yet been interviewed by the agency, his brother Rajiv Kochhar was discharged from a flight to Singapore on April 5 and was taken to the CBI office in Bandra .
He was called for interrogation for 5 days and Kochhar's laptop, mobile phones were scanned by investigators.
"The applicant's activity is scanned by CBI, as the petitioner is brother of Deepak Kochhar and parent of Mrs. Chanda Kochhar," notes the order. "The plaintiff has no business relationship with Deepak and Chanda Kochhar and has roots in Singapore and is required to attend meetings for commercial purposes in various countries."
On June 18, Chanda Kochhar was invited to take an indefinite leave to facilitate an independent investigation into accusations of favoritism and irregularity while life insurance group leader, Sandeep Bakhshi, was in charge of daily operations. Chief of Operations.
The decision of the board of directors to let Kochhar retire temporarily was considered a reversal of position after almost four months of supporting her at the bank amid a burst of accusations.
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