Karti Chidambaram gets anticipatory bail in Black Money case

The Madras High Court granted anticipatory bail to former Union Minister P Chidambaram's son in connection with the warrant issued by the I-T for allegedly not disclosing foreign assets.

Published: 10th June 2018 07:00 PM  |   Last Updated: 11th June 2018 04:16 AM   |  A+A-

Karti Chidambaram ( File | PTI )

By Express News Service

CHENNAI: IN a late night development on Saturday, the Madras High Court granted advance bail to Karti, son of former Union minister P Chidambaram, who apprehended arrest following issue of an arrest warrant by the Income-Tax department under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, late in the evening the same day.Justice A D Jagadish Chandira granted the relief at his residence after a brief hearing around 11.45 pm on Saturday.

The issue relates to three summons issued by the deputy director of Income-Tax investigation wing under the Black Money Act directing Karti to appear before him in connection with an inquiry into the alleged non-disclosure of overseas assets.As Karti failed to appear, the officer issued a warrant under powers vested under the Black Money Act and directed Nungambakkam police to arrest and produce him before the investigation officer.

Karti, who was preparing to leave for London with his wife and daughter, approached the Chief Justice Indira Banerjee at her official residence on Greenways Road through his senior advocates A R L Sundaresh and Satish Parasaran, around 11 p m.The Chief Justice advised them to move an application seeking advance bail before the portfolio judge. Accordingly, an application was moved before Justice Jagadish Chandira around 11.30 pm.

When the plea was taken up, I-T department counsel A P Srinivas submitted that the petitioner had already secured permission from the Supreme Court to travel abroad through an order dated May 18. “Now, if he gives an undertaking that he would appear before the I-T officer concerned after his return from abroad on a particular date, the department is ready to keep the warrant in abeyance,” he added.

Agreeing to the submission, Karti filed a written undertaking to appear in person before the I-T officer concerned on June 28.Recording the undertaking, the judge granted advance bail to Karti and directed the department to inform the police concerned that the warrant is kept in abeyance. Karti left for UK as originally scheduled in the early hours of Sunday.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp