Chidambaram's remarks come after a media report cited the latest consumption expenditure survey by the NSO to claim that consumer spending fell for the first time in more than four decades in 2017-18
Justice Suresh Kait said that wrong message will be sent to the society if bail is granted to Chidambaram in this case
He was arrested by the CBI on August 21 in the INX Media corruption case and was granted bail by the Supreme Court in the CBI case on October 22.
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The court had recently reserved the order after the conclusion of the arguments
Union Defence Minister Rajnath Singh would be on a five-day visit to Japan and South Korea starting from September 2
The ED moved an application seeking extension of custody which was allowed by the court
Chidambaram was arrested by the CBI on August 21 in the INX Media corruption case.
The senior Congress leader has sought bail, saying as the evidence is documentary and in the custody of probe agencies, he cannot tamper them.
The court, which was hearing submissions of 74-year-old Chidambaram's counsel on his bail plea, listed the matter for hearing the ED's arguments on November 8.
The 74-year-old leader made the submissions in a rejoinder filed to the response of the ED on his bail plea in the money laundering case
The ED said that the grant of bail to him by the court would go against its zero-tolerance policy against corruption and set a wrong precedent for corruption cases.
Chidambaram, who was granted bail by the Supreme Court on October 22 in the INX media corruption case, is lodged in Tihar Jail
Solicitor General Tushar Mehta read out the report of AIIMS Medical Board, set up on the court's order to examine Chidambaram's health condition
The high court said Hyderabad-based gastroenterologist Nageshwara Reddy be included in the board to give his opinion on Chidambaram's medical condition, who is currently lodged in Tihar Jail
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Special judge Ajay Kumar Kuhar dismissed the plea of the Enforcement Directorate for one day custodial interrogation of Chidambaram
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Earlier in the day, P Chidambaram moved the Delhi High Court seeking interim bail in the INX Media on health grounds
On Monday, Chidambaram was brought to RML Hospital in the morning and later referred to AIIMS