Delhi HC permits Karti Chidambaram to withdraw plea regarding INX Media money-laundering case

By PTI

NEW DELHI: The Delhi High Court on Wednesday allowed Congress MP Karti Chidambaram to withdraw his software looking for interim safety from coercive steps by the Enforcement Directorate (ED) in reference to the INX Media money-laundering case.

Advocate Arshdeep Singh, representing Karti Chidambaram, submitted that the ED has filed its grievance within the matter earlier than the trial courtroom, the place his plea for normal bail is now being contested by the investigating company on the bottom of pendency of the applying regarding safety from coercive steps earlier than this courtroom.

In his plea, Karti Chidambaram — son of former Union minister P Chidambaram — stated the withdrawal of the applying was sought to allow him to pursue his common bail software pending earlier than the trial courtroom.

“The petitioner merely seeks to withdraw the earlier application, which is pending adjudication before this court. The petitioner is axiomatically the dominus litus. The limited prayer made on his behalf (for withdrawal of the application) is granted. Petitioner is permitted to withdraw the earlier application,” ordered a bench of justices Siddharth Mridul and Amit Sharma.

The software by Karti Chidambaram, filed in 2018, fashioned a part of his petition difficult sure provisions of the Prevention of Money Laundering Act (PMLA), 2002 and the ED case in opposition to him.

The software prayed for an interim order that no coercive steps could also be taken by the ED pending the petition. On March 9, 2018, the excessive courtroom had granted interim safety from arrest to Karti Chidambaram within the case.

The ED case arises from a case registered by the Central Bureau of Investigation (CBI) on May 15, 2017, which alleged irregularities in a Foreign Investment Promotion Board (FIPB) clearance granted to the INX Media group for receiving abroad funds of Rs 305 crore in 2007 throughout P Chidambaram’s tenure as finance minister.

Based on this, a money-laundering case was lodged by the ED.

NEW DELHI: The Delhi High Court on Wednesday allowed Congress MP Karti Chidambaram to withdraw his software looking for interim safety from coercive steps by the Enforcement Directorate (ED) in reference to the INX Media money-laundering case.

Advocate Arshdeep Singh, representing Karti Chidambaram, submitted that the ED has filed its grievance within the matter earlier than the trial courtroom, the place his plea for normal bail is now being contested by the investigating company on the bottom of pendency of the applying regarding safety from coercive steps earlier than this courtroom.

In his plea, Karti Chidambaram — son of former Union minister P Chidambaram — stated the withdrawal of the applying was sought to allow him to pursue his common bail software pending earlier than the trial courtroom.

“The petitioner merely seeks to withdraw the earlier application, which is pending adjudication before this court. The petitioner is axiomatically the dominus litus. The limited prayer made on his behalf (for withdrawal of the application) is granted. Petitioner is permitted to withdraw the earlier application,” ordered a bench of justices Siddharth Mridul and Amit Sharma.

The software by Karti Chidambaram, filed in 2018, fashioned a part of his petition difficult sure provisions of the Prevention of Money Laundering Act (PMLA), 2002 and the ED case in opposition to him.

The software prayed for an interim order that no coercive steps could also be taken by the ED pending the petition. On March 9, 2018, the excessive courtroom had granted interim safety from arrest to Karti Chidambaram within the case.

The ED case arises from a case registered by the Central Bureau of Investigation (CBI) on May 15, 2017, which alleged irregularities in a Foreign Investment Promotion Board (FIPB) clearance granted to the INX Media group for receiving abroad funds of Rs 305 crore in 2007 throughout P Chidambaram’s tenure as finance minister.

Based on this, a money-laundering case was lodged by the ED.