A Delhi Court on Friday fixed July 31 to decide whether to take cognizance of the charge-sheet filed by the Enforcement Directorate (ED) against Karti Chidambaram in the Aircel-Maxis case.
Karti Chidambaram, is the son of Congress leader and former finance minister P. Chidambaram.
The Aircel-Maxis deal scam, which emerged out of the 2G spectrum case, pertains to a grant by the Foreign Investment Promotion Board (FIPB) to the firm M/S Global Communication Holding Services Ltd for investment in Aircel.
Karti was arrested on February 28 at Chennai Airport upon his return from the United Kingdom for his alleged role in the case.
The Enforcement Directorate had earlier said that the FIPB approval granted in 2006 by Karti's father and former Finance Minister Chidambaram was beyond his mandate as he was only authorized to accord approval on project proposals of up to Rs 600 crore.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
