The Bombay High Court on Thursday dismissed Chanda Kochhar's application seeking contractual obligations allegedly promised prior to her early retirement as ICICI Bank CEO in October 2018. The High Court also ruled that Kochhar's retrospective termination by ICICI Bank is prima facie 'valid'. The court also allowed an application filed by ICICI Bank that has restrained its former chief executive Kochhar from dealing in 690,000 shares of the lender that she had acquired through stock options between October and December 2018.
No comments:
Post a Comment