Published on : 11 Dec 2025, 5:04 pm 2 min read

The Bombay High Court has partially quashed criminal proceedings against senior ICICI Bank officials, including its former MD and CEO Chanda Kochhar, in a case alleging evasion of octroi on import of gold coins into Pune [ICICI Bank & Ors v. State of Maharashtra & Anr]

However, the Court allowed prosecution of the bank itself to continue.

In a judgment pronounced on December 8, Justice Neela Gokhale set aside the complaint and summons pending before a Pune court against five individual petitioners including former ICICI Bank MD & CEO Chanda Kochhar, former Deputy Managing Director Nachiket Mor, a legal department member and the Pune branch manager.

The criminal complaint was filed by the Pune Municipal Corporation (PMC) under S

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