SC dismisses plea filed by ex-ICICI Bank CEO Chanda Kochhar seeking early retiral benefits ...Middle East

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SC dismisses plea filed by ex-ICICI Bank CEO Chanda Kochhar seeking early retiral benefits
New Delhi: The Supreme Court on Friday dismissed a plea by former ICICI Bank CEO and MD Chanda Kochhar seeking her early retirement benefits which were revoked by the bank’s Board of Directors. A Bench of Justices Sanjiv Khanna and SVN Bhatti said that it will not interfere with the directions passed by the Bombay High Court restraining Kochhar from dealing with any of the 690,000 ESOPs already exercised by her between October 2018 to January 2019 and asking her to disclose gains if she has sold any of such shares. In its impugned decision, the High Court had said that if Kochhar’s application for interim relief in her suit seeking specific performance of her early retirement benefits and o

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