[INX Media Money Laundering Case] Delhi High Court allows Karti Chidambaram to withdraw application seeking extension of interim protection
![[INX Media Money Laundering Case] Delhi High Court allows Karti Chidambaram to withdraw application seeking extension of interim protection](https://lawbeat.in/sites/default/files/news_images/Dhc+ Karti Chidambaram.jpg "[INX Media Money Laundering Case] Delhi High Court allows Karti Chidambaram to withdraw application seeking extension of interim protection")
Karti Chidambaram, son of former Union Minister P Chidambaram, stated in his plea that the application is to be withdrawn so that he can pursue his regular bail application pending before the trial court.
A division bench of Justice Siddharth Mridul and Justice Amit Sharma of the Delhi High Court on Wednesday allowed Congress Member of Parliament (MP) Karti Chidambaram to withdraw his application which sought an extension of interim protection from coercive action in the Enforcement Directorate’s case related to the INX Media money laundering.
Counsel for Chidambaram submitted that the withdrawal of the application was sought to enable him to pursue his regular bail application pending before the trial court.
After the withdrawal, Karti can pursue his August 8, 2022, application for regular bail, pending on August 27, 2022, before the Special Judge, Rouse Avenue Court, Delhi.
Chidambaram's counsel stated that the ED filed a complaint in the matter before the trial court, where his plea for regular bail was opposed on August 20 by the ED, citing concerns about protection from coercive measures before the High Court.
After taking cognizance over the prosecution complaint filed by ED, the trial court last year summoned P Chidambaram and others including several firms which were named in the charge sheet in the INX media case.
Special Judge MK Nagpal, while taking cognizance of the ED charge sheet said, “I find sufficient material and grounds for proceeding further in the matter against all the ten accused persons named in the complaint, out of which six accused are companies, for the commission of offence under Section 3 read with Section 70 of PMLA, which is punishable under Section 4 of the Act.”
In June 2020, ED filed a prosecution complaint chargesheet in the INX Media money laundering case involving P. Chidambaram, son Karti Chidambaran and others in the CBI Court, Delhi.
The INX money laundering case involves P. Chidambaram with the allegations of irregularities in foreign exchange clearance given to the INX media group for receiving overseas investments in 2007.
Source: ANI