HOME > MARKETS > ECONOMY NEWS
  ECONOMY NEWS
ECONOMY
SC to hear Chidambaram's bail plea on October 15
Oct-04-2019

The Supreme Court (SC) has issued notice to CBI, asking it to respond on former finance minister P Chidambaram's plea seeking bail in the INX Media corruption case. A bench of justices R Banumathi and Hrishikesh Roy asked Solicitor General Tushar Mehta, appearing for the CBI, to file its response and posted the matter for hearing on October 15.

Chidambaram, who is lodged in Tihar Jail under judicial custody, has moved the top court, challenging the September 30 verdict of the Delhi High Court which had dismissed his plea seeking bail in the case. Chidambaram, who is 74, is in custody since his arrest by the CBI on August 21.

The CBI had registered an FIR on May 15, 2017, alleging irregularities in the FIPB clearance granted to the INX Media group for receiving overseas funds of Rs 305 crore in 2007 during Chidambaram's tenure as finance minister.

  RELATED NEWS >>