Bombay High Court pauses ED seizure of Deepak Kochhar's 78cr
NewsBytes May 13, 2026 09:39 AM
ED alleges Videocon 64cr NuPower link

The case centers on claims that ICICI Bank approved huge loans for Videocon Group between 2009 and 2012.
The ED says Videocon's chairman invested ₹64 crore in Kochhar's company, NuPower Renewables, tying it back to those loans.
Even though one authority dismissed the asset seizure, a tribunal later backed it up, pointing to evidence of money laundering linked to these deals.
This latest court order gives Kochhar temporary relief while things play out in court.

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