New Delhi: The Supreme Court on Wednesday directed the Madras high court to decide on the validity of a look-out notice issued against Karti Chidambaram, son of former finance minister P. Chidambaram, in relation to a corruption case being investigated by the Central Bureau of Investigation (CBI).
“Let the Madras high court decide the case on merits within 2 months. All contentions including that of territorial jurisdiction to be kept open," said chief justice Dipak Misra.
He added that the issue regarding permission to travel abroad would also be addressed by the Madras high court.
The lookout notice was issued on 16 June and prevented Karti Chidambaram from leaving the country so that he could be present to participate in the ongoing investigation against him.
On 10 August, the Madras high court had ruled that the lookout notices issued against Karti Chidambaram and four others were “unwarranted".
Besides Karti Chidambaram, the notices had been issued against his associates C.B.N. Reddy, Ravi Viswanathan, Mohanan Rajesh and S. Bhaskararaman.
In his petition, Karti Chidambaram has contended that the look-out notice was part of a political vendetta by the central government against his family, had been issued arbitrarily and could not prevent him from travelling abroad.
The case being investigated against Karti Chidambaram and others is related to alleged irregularities in the Foreign Investment Promotion Board (FIPB) granting clearance to media house INX Media for receiving overseas funds. The allegation is that Karti Chidambaram facilitated this using the agency of his father P. Chidambaram during the latter’s tenure as finance minister.