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Indian Laws - Highlights / Catch Notes

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Termination of Chanda Deepak Kochhar from the Bank - ICICI is a ...


Petitioner dismissed from ICICI Bank; must pursue contractual remedies, not writ jurisdiction, as it's a private entity.

March 7, 2020

Case Laws     Indian Laws     HC

Termination of Chanda Deepak Kochhar from the Bank - ICICI is a private body. It is not an instrumentality of the State. It receives no public funding. Service conditions of the Petitioner are not governed by any statute. The dispute raised in this Petition arises from a contract of personal service. The termination of the Petitioner is in the realm of contractual relationship. - For the contractual remedies, the Petitioner will have to approach the appropriate forum and not writ jurisdiction. - HC

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