The Supreme Court today stayed the Madras High Court order that had put on hold the look out circular issued by the Centre against Karti Chidambaram, son of former Union minister P Chidambaram, and others in connection with an alleged corruption case.<br/><br/>A bench comprising Chief Justice J S Khehar and D Y Chandrachud also issued notice to Karti Chidambaram and others on an appeal filed by the Centre challenging the high court's order staying the look out circular.<br/><br/>The bench, during the hearing, repeatedly observed that Karti had not joined the investigation in the case and, moreover, he has not sought grant of anticipatory bail in the matter.<br/><br/>The bench, meanwhile, asked the high court to decide the petition seeking quashing of the FIR lodged by the CBI. The case is related to alleged irregularities in the Foreign Investment Promotion Board clearance to INX Media for receiving overseas funds when Karti's father was the Union Finance minister in 2007. <br/><br/>The CBI had claimed that the FDI proposal of the media house was fallacious, but Mr Chidambaram had cleared it.
News On AIR | August 14, 2017 7:23 PM
SC puts on hold HC order staying look out circular against Karti Chidambaram