The Supreme Court today agreed to hear the Centre's plea against Madras High Court order staying its lookout notice against Karti Chidambaram, son of former Finance Minister P Chidambaram, and others in an alleged corruption case filed by the CBI.<br/>A bench of Chief Justice J S Khehar and Justice D Y Chandrachud said, it will hear the plea today itself after it<br/>finishes hearing the listed matters.<br/>Additional Solicitor General Tushar Mehta, appearing for the Centre, sought an urgent hearing of the plea saying that the order was passed recently and an appeal against it has been moved today itself.<br/><br/>The Madras High Court had on August 10 stayed the 'look out circulars' issued against Karti Chidambaram and four<br/>others by the Centre over a corruption case filed by the CBI.<br/><br/>The case is related to alleged irregularities in the Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving overseas funds when Karti's father was the Union Finance Minister in 2007. <br/><br/>CBI had claimed that the FDI proposal of the media house was "fallacious", but Chidambaram had cleared it.
News On AIR | August 14, 2017 2:35 PM
Apex Court to hear Centre's plea against Madras HC order staying lookout notice against Karti Chidambaram