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The hearing in the bail plea filed by former Union Minister P Chidambaram in the INX Media case being probed by the Enforcement Directorate (ED) is presently underway before a three judge Bench of the Supreme Court.
The hearing is progressing before a Bench of Justices R Banumathi, AS Bopanna and Hrishikesh Roy.
Chidambaram had moved the Supreme Court against the order of the Delhi High court denying him bail in the case. On November 20, the Supreme Court had sought the ED’s response on the plea. The matter was expected to come up before the Court yesterday, but was adjourned on the State’s request.
Live Updates from today’s hearing follow:
The INX Media case pertains to the alleged irregularities in the Foreign Investment Promotion Board clearance to INX Media when P Chidambaram was the Finance Minister of India.
It is the case of the Central Bureau of Investigation (CBI) and the ED that P Chidambaram and his son Karti Chidambaram received illegal gratification from INX Media owners Peter and Indrani Mukherjea for the clearance.
The CBI had arrested P Chidambaram on August 21 after his anticipatory bail plea in the case was rejected by the Delhi High Court.
Chidambaram, who spent a fortnight in police custody after his arrest, was thereafter remanded to judicial custody. Later, his regular bail was denied by the Delhi High Court as well. He was granted regular bail in the CBI case by the Supreme Court subsequently. The CBI’s review petition before the Supreme Court against the order granting bail to Chidambaram is presently pending.
Meanwhile, Chidambaram was arrested by the ED in connection with the money laundering case on October 16, and was subsequently sent to custody. He was sent to judicial custody on October 30. On November 13, his judicial custody was extended till November 27 (today). On November 15, the Delhi High Court rejected his bail plea, prompting the present appeal before the Supreme Court.