FEMA/BANKING/INSURANCE : Where petitioner, Managing Director of ICICI Bank, was terminated from service and she challenged said termination order by filing a writ petition relying upon the provisions of section 35B(1)(b), it was to be concluded that section 35B(10(b) is not a provision enacted to regulate service conditions between employer and employee and, thus, dispute between petitioner and its employer bank which was a private bank, remained a contractual dispute. Thus, writ petition filed
from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000194031/bombay-hc-quashes-icici-bank’s-ex-ceo-chanda-kochhar’s-plea-against-termination-of-employment.aspx
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