INX media case: Delhi HC extends Karti Chidambaram's protection from arrest till March 22
INX Media money laundering case: Delhi High Court had on March 9 directed the ED not to arrest or take any coercive action against Karti Chidambaram, son of senior Congress leader P Chidambaram, till March 20 in the money laundering case.
INX Media money laundering case: The Delhi High Court today extended the protection from arrest to Karti Chidambaram in the INX Media money laundering case from March 20 to 22. A bench of justices S Muralidhar and I S Mehta changed the date of hearing from March 20 to 22 after Karti's counsel said that senior advocate Kapil Sibal will not be available on March 20. Sibal is representing Karti in the matter.
The Enforcement Directorate counsel Vinod Diwakar said he has instructions from Additional Solicitor General (ASG) Tushar Mehta that the ASG has no objection if the date of hearing is changed to March 22.
To this the bench said, "Since no objection has been expressed by the ED for changing the dates, the petition is fixed for hearing on March 22."
The high court had on March 9 directed the ED not to arrest or take any coercive action against Karti, son of senior Congress leader P Chidambaram, till March 20 in the money laundering case.
Karti is presently lodged in Tihar jail in connection with CBI's INX media corruption case relating to irregularities in the FIPB clearance given to the firm.
The ED has challenged in the Supreme Court the high court's March 9 order granting interim protection to Karti and it is listed for hearing today.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
IRCTC Dividend 2024: Railway PSU announces 200% interim dividend - Check record date and other details
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
PSU Oil Stocks: Here's what brokerage suggests on these 2 largecap, 1 midcap scrips - Buy, Sell or Hold?
12:27 PM IST