INX Media case: ED moves SC against Delhi HC order giving relief to Karti Chidambaram from arrest
INX Media case: The ED told the apex court that Karti should not have been given protection from arrest as it will become a legal device for accused persons like Nirav Modi to get relief even before they are questioned or investigated by the probe agency.
INX Media case: The Enforcement Directorate (ED) on Tuesday approached the Supreme Court against the Delhi High Court order giving relief to Karti Chidambaram till March 20 from arrest in the INX Media money laundering case. The ED mentioned the case challenging the order before a bench headed by Chief Justice Dipak Misra, who agreed to hear it on March 15. In an interim relief to Karti Chidambaram, 46, son of Congress leader P. Chidambaram, the High Court on March 9 had asked the ED not to take "any coercive action" against him till the next hearing of the case slated for March 20.
The ED told the apex court that Karti should not have been given protection from arrest as it will become a legal device for accused persons like Nirav Modi to get relief even before they are questioned or investigated by the probe agency.
On March 8, the top court had asked Karti to approach the high court seeking quashing of summons issued by the ED. The high court directed him to cooperate in the investigation, appear before the ED whenever required and submit his passport.
Karti Chidambaram is being interrogated by the Central Bureau of Investigation (CBI) since his February 28 arrest.
On Monday, the trial court had sent him to judicial custody till March 24 after the CBI said that further custody was not required.
The CBI investigated him for allegedly receiving money to facilitate Foreign Investment Promotion Board (FIPB) clearance to INX Media in 2007 when his father was the Finance Minister in the UPA government.
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
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
01:07 PM IST