Supreme Court directs release of security amount deposited by Karti Chidambaram ahead of his foreign travels
Litigation News

Supreme Court directs release of security amount deposited by Karti Chidambaram ahead of his foreign travels

Shruti Mahajan

The Supreme Court today directed the release of the security amount that was required to be deposited by Congress MP Karti Chidambaram prior to each of his two overseas travels in 2019.

In January this year, the Supreme Court had directed that the amount of ₹20 crore which Congress MP Karti Chidambaram had deposited before travelling overseas be returned to him.

Today, the Bench of CJI SA Bobde with Justice L Nageswara Rao directed for the release of the money and allowed the applicant to withdraw the same.

The instant application for withdrawal of the amount in question is allowed.
Supreme Court said

Karti Chidambaram, who is an accused in INX Media and Aircel Maxis cases, was required by the Apex Court to deposit a sum of ₹10 crores on two occasions, when he had sought permission to travel overseas.

These monies were deposited by the Congress leader with the Supreme Court Registry as security. He later sought a refund of the same, on his return from those trips.

In May last year, the Supreme Court had dismissed the plea filed by Chidambaram for release of the security amount. A Bench headed by then Chief Justice of India Ranjan Gogoi had told the counsel appearing for Chidambaram,

“Pay attention to your constituency.“

On two occasions earlier, he had sought permission from the Supreme Court to travel abroad.

The first order in this regard came in January 2019, when Karti sought permission to travel abroad in the months of February and March that year. A second similar order was passed in April 2019, when Karti sought the Court’s nod for travelling overseas in May and June.

Read Order:

Order on Karti Chidambaram's application for withdrawal of security deposit.pdf
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