12:14 September 05
Chidambaram withdraws appeal against trial court order
After Supreme Court dismissed the anticipatory bail plea of Congress leader P. Chidambaram being probed by ED in INX media case, he withdraws his appeal from the Court challenging trial court’s order of sending him to CBI custody.
11:01 September 05
Chidambaram can move for a regular bail before trial court
The CBI had lodged an FIR on May 15, 2017, alleging irregularities in Foreign Investment Promotion Board (FIPB) clearance granted to INX Media group for receiving overseas funds of Rs 305 crore in 2007 during Chidambaram's tenure as union finance minister.
Thereafter the ED had lodged a separate money laundering case in 2017.
The Supreme Court will also hear Chidambaram's plea in which he has challenged the non-bailable warrant (NBW) issued against him as well as the subsequent trial court orders remanding him to the CBI custody in the case.
10:51 September 05
Investigating agency should be given freedom to investigate: SC
Further, the apex court said that agencies should be given freedom to investigate the matter and the agency need not produce the questioning trascripts to the Supreme Court.
10:51 September 05
No need to produce questioning trasncripts: SC
In a major setback, the Supreme Court ruled that former Finance Minister won't be shown the proof collected by the ED in the INX media case.
With this verdict, ED is now free to seek custody of P Chidambaram, once the CBI custody ends. The agency can approach lower court for the same.
10:44 September 05
Economic offences stand at different footing: SC
"Granting anticipatory bail at the initial stage may frustrate the investigation. It is not a fit case to grant anticipatory bail. Economic offences stand at different footing and it has to be dealt with different approach," the apex court said.
10:39 September 05
Supreme Court rejects an appeal by Congress leader P Chidambaram against the Delhi High Court’s order rejecting his anticipatory bail plea, in a case being probed by Enforcement Directorate (ED), in INX Media case.
07:36 September 05
SC refuses anticipatory bail to Chidambaram; ED to seek custody in INX media case
New Delhi:The Supreme Court will hear former finance minister P Chidambaram's pleas challenging non-bailable warrant issued against him as well as the subsequent trial court orders remanding him to the CBI custody in the case.
Chidambaram remains in the CBI custody till September 5, in the INX Media corruption case, as the Supreme Court ordered "status quo" despite the probe agency insisting that it does not require his further custodial interrogation.
The apex court will also pronounce its order on Chidambaram's separate plea in which he has challenged the August 20 verdict of the Delhi High Court denying him anticipatory bail in the money laundering case.
The apex court also asked Chidambaram's counsel not to press for the interim bail plea, filed before the trial court on Monday and scheduled to be heard today, till Thursday.
At the outset, Mehta moved an application seeking recall of the apex court's Monday order and said that based on that order, Chidambaram's counsel had moved the interim bail plea before the trial court.
Mehta said Chidambaram's counsel had on Monday pressed before the trial court that interim bail plea be decided during the day itself and the trial judge issued notice to the CBI asking it to file response within 24 hours.
"The matter is listed for hearing today before the trial court at 3.30 pm. Less than 24 hour notice was given to the CBI to respond to the interim bail plea which was filed 13 days after his arrest. This should not be the procedure," he told the bench.
The top court had on Monday given partial relief to Chidambaram saying he would not be sent to Tihar Jail after the former finance minister offered to be under house arrest instead of being sent to prison.
The CBI had lodged an FIR on May 15, 2017, alleging irregularities in Foreign Investment Promotion Board (FIPB) clearance granted to INX Media group for receiving overseas funds of Rs 305 crore in 2007 during Chidambaram's tenure as union finance minister.
Thereafter the ED had lodged a separate money laundering case in 2017.
Read: 'Five per cent': Chidambaram's answer to question on CBI custody is jibe at govt