Subject Matter :- Public issue of ICICI Bank Limited worth Rs 5750 Crores, closed on 6th December 2005 was based on false information and concealing the true facts in their red herring prospectus in regards to the criminal court case No. 1648/2001 pending in the court of law at Jaipur against them including their Chairman, Managing Director and other senior official u/s 420, 120-B and 500 of Indian Penal Code, after dismissal of their revision petition by the Hon'ble High Court of Rajasthan at Jaipur bench, Jaipur on 18.07.2005.
In order to mislead and cheat the public at large for selling their shares of a face value of just Rs 10/ for the price of Rs 525/- per share, they also abuse the Indian Judiciary System by rising false allegations against the Hon’ble High Court of Rajasthan at Jaipur Bench, Jaipur, in contemptuous manner, in front of more then 1000 millions persons, vide their declaration on oath, in red herring prospectus circulated among the public of India, in order to achieve their illegal motives.