ICICI-Videocon case: ED summons Chanda Kochhar, husband at Delhi
New Delhi: The ED has summoned former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar next week here in connection with a money laundering case related to a bank loan fraud, officials said.
They said while Chanda 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 under the Prevention of Money Laundering Act (PMLA).
The summons were served to them last week, they added.
They are required to assist the IO in taking the probe forward, they said, adding the three have been asked to bring certain documents related to their personal and official finances.
They have been questioned in the past too at the Enforcement Directorate office in Mumbai after the central agency conducted raids in this case on March 1.
The searches were conducted at the premises of Chanda Kochhar, her family and Venugopal Dhoot of Videocon Group in Mumbai and Aurangabad.
The ED has registered a criminal case under the PMLA early this year against Chanda Kochhar, Deepak Kochhar, Dhoot and others to probe alleged irregularities and corrupt practices in sanctioning of Rs 1,875-crore loans by ICICI Bank to the corporate group.
This ED action was based on a CBI FIR.
The CBI has named all the three and Dhoot's companies -- Videocon International Electronics Ltd (VIEL) and Videocon Industries Limited (VIL). The CBI also named Supreme Energy, a company founded by Dhoot, and NuPower Renewables, a company controlled by Deepak Kochhar, in the FIR.
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SC refuses to adjourn hearing on pleas against EC law, says this matter is more important
New Delhi (PTI): The Supreme Court on Wednesday refused to accede to the Centre's request to adjourn the hearing on pleas challenging the constitutional validity of a 2023 law that removed the CJI from a committee responsible for appointing the chief election commissioner and the deputies, saying the matter is "more important" than the Sabarimala case.
A nine-judge constitution bench headed by Chief Justice Surya Kant is currently hearing petitions regarding discrimination against women at religious sites, including the Sabarimala temple in Kerala, as well as the scope of religious freedom across various faiths.
A bench comprising justices Dipankar Datta and Satish Chandra Sharma turned down the request by Solicitor General Tushar Mehta, appearing for the Centre, to adjourn the hearing on the ground that he was currently occupied before a nine-judge bench in the Sabarimala reference case.
Referring to the gravity of the current challenge to the Chief Election Commissioner and Other Election Commissioners (Appointment, Conditions of Service and Term of Office) Act, 2023, Justice Datta said, "This matter is more important than any other matter."
"Let your (solicitor general's) associates take notes today. Let the petitioners start. All matters are important. We read in the newspapers that there is an observation that the PIL in Sabarimala should not have been entertained by the court. So, with due respect to the judges, nine judges are occupied in a matter where there is an observation that it should not have been entertained in the first place," Justice Datta said.
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The bench then directed the petitioners to conclude their arguments by Thursday, allowing the Centre to present its submissions on a subsequent date. The bench then proceeded with the hearing which is underway.
Earlier on March 20, CJI Surya Kant recused himself from hearing the petitions. "I will be accused of conflict of interest. There is a conflict of interest," the CJI had said. The law, enacted by Parliament in December 2023, came months after a landmark verdict by which the apex court directed that election commissioners be appointed by a committee comprising the prime minister, the leader of the Opposition, and the chief justice of India.
The bench had said that the system will remain in force till a law is enacted.
Under the 2023 Act, the selection committee consists of the prime minister, a Union minister nominated by the prime minister and the leader of Opposition (or leader of the largest opposition party in the Lok Sabha).
The PILs said the exclusion of the CJI from the panel undermines the independence of the appointment process.
The law has been challenged by multiple petitioners, including Congress leader Jaya Thakur and the Association for Democratic Reforms.
Earlier, the Centre defended in the Supreme Court the appointment of two new election commissioners under the 2023 law that excludes the chief justice of India from the selection committee, saying the independence of the Election Commission does not arise from the presence of a judicial member on the committee.
In an affidavit filed in the apex court, the Union law ministry rejected the petitioner's claim that the two election commissioners were hastily appointed on March 14, 2024, to "pre-empt" the orders of the top court the next day, when the matters challenging the 2023 law were listed for hearing on interim relief.
The apex court also refused to stay the appointment of new election commissioners under the 2023 law.
A five-judge constitution bench had in March 2023 ruled that the chief election commissioner and election commissioners shall be appointed on the advice of a committee comprising the prime minister, the leader of the Opposition in the Lok Sabha and the chief justice of India.
