Aircel-Maxis Case: P Chidambaram Gets Relief From ED Arrest Until July 10
Senior Congress leader and former Union minister P Chidambaram today got protection by a Delhi court from arrest by the Enforcement Directorate until July 10 in connection with the Aircel-Maxis case.
Special Judge OP Saini passed the order after the Enforcement Directorate sought more time to file a detailed reply to Chidambaram's plea seeking anticipatory bail in the case.
Senior advocate Sonia Mathur and advocate Nitesh Rana moved the plea on behalf of the ED, saying the agency needed four weeks time to file a detailed reply.
At this, senior advocate Abhishek Manu Singhvi and advocate PK Dubey, appearing for Chidambaram, requested the court to fix the matter to July 10 when the court is already scheduled to hear the anticipatory bail plea of Chidambaram's son Karti in the same case.
The senior Congress leader had on May 30 moved his plea for anticipatory bail in the Aircel-Maxis money laundering case.
In his plea, Chidambaram said all the evidence in the matter appears to be documentary in nature which is already in the possession of the incumbent government and nothing was to be recovered from him.
The court has granted interim protection from arrest till July 10 to the former minister's son Karti in two cases filed by the Central Bureau of Investigation and the ED in 2011 and 2012, respectively, in the Aircel-Maxis matter arising out of the 2G spectrum cases.
The relief was granted to Karti after the ED sought time to argue on his application seeking anticipatory bail.
-
Signature Play: The Classic Cocktail Is Dead. Or Is It?
Classic cocktails are disappearing from India's cocktail menus. But they're still being ordered, taught to bartenders and borrowed from. So, who's really having the last drink?
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
