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Supreme Court junks Chanda Kochhar's plea challenging termination as MD, CEO

The Supreme Court on Monday declined to entertain a petition by Chanda Kochhar challenging her termination as MD & CEO of ICICI Bank, and also a decision to deny her bonus. A bench headed by Justice Sanjay Kishan Kaul upheld the Bombay High Court order stating that her writ is not maintainable since the nature of dispute is contractual and it is also private in nature.
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