When the application of Karti, the son of former Union finance minister P Chidambaram, came up for hearing today, the first bench comprising Chief Justice Indira Banerjee and Justice Abdul Quddhose directed Additional Solicitor General G Rajagopalan to file a counter affidavit.
It also ordered issue of notice, returnable by February 12, to the Bureau of Immigration, and the Economic Offences wing of CBI among others.
The apex court, while remanding back to the high court the pleas relating to issuance of LOCs, had said the latter will deal with the application, if any, of the accused seeking permission to go abroad on merit.
The LOCs were issued against Karti Chidambaram and others in the case relating to grant of Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving overseas funds to the tune of Rs 305 crore in 2007 when his father was the finance minister.
The CBI FIR, lodged on May 15 last year, had alleged irregularities in the FIPB clearance to INX Media.
The LOCs were earlier stayed by a single judge bench of the Madras High Court on a petition by Karti Chidambaram. On a special leave petition filed by the CBI, the Supreme Court had stayed the single judge's order. On January 31, it had remanded the matter back to the high court.
In his present petition, Karti Chidambaram said he had roots in society and was a responsible citizen, and that the question of him fleeing country does not arise.
He said his company Totus Tennis Ltd was engaged in sports business and its market was the UK and Europe.
Karti Chidambaram said he has to attend meetings in respect of the business of Totus, including organising tennis tournaments and training budding talents, and hence travel to the UK and France has become imperative.
Disclaimer: No Business Standard Journalist was involved in creation of this content
