NEW DELHI : The Supreme Court on Wednesday issued notice to the Enforcement Directorate in the bail plea of former Union Finance Minister P. Chidambaram in the INX Media money laundering case.

The bench comprising Justices R. Banumathi, A.S. Bopanna and Hrishikesh Roy asked the ED to file a reply. The case will be next heard on 26 November.

The Delhi High Court on 15 November had dismissed Chidambaram's bail plea in the case. While delivering the verdict, Justice Suresh Kait had said prima facie allegations against Chidambaram were serious and show that he was actively involved and played a key role in the offence.

Following this, the 74-year old former minister moved the apex court challenging the high court order.

Chidambaram was arrested by the Central Bureau of Investigation (CBI) on 21 August in the INX Media corruption case and was granted bail by the Supreme Court on 23 October. He was then arrested by the ED in the money-laundering case on 16 October and remanded to judicial custody till 27 November.

Senior advocate Kapil Sibal, representing Chidambaram, argued that the veteran Congress leader has been in jail for 91 days now, and that conditions for granting bail are in the favour of the leader from Tamil Nadu.

The CBI, on 15 May 2017, had registered an FIR against Chidambaram for alleged irregularities in the Foreign Investment Promotion Board (FIPB) clearance provided to INX Media for receiving overseas funds to the tune of 305 crore in 2007 when he was the finance minister. The money laundering case by ED dates back to 2018.

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