The Supreme Court on Monday put on hold the Madras High Court's order which had stayed lookout notice against Karti Chidambaram, son of former Finance Minister P Chidambaram, and others in an alleged corruption case filed by the CBI.
The top court has asked Karti Chidambaram to appear before the Central Bureau of Investigation (CBI) in INX media Foreign Investment Promotion Board (FIPB) clearance case.
The top court also asked the Madras High Court to decide Karti's plea seeking quashing of FIR in consonance with law.
The Centre had approached the Supreme Court for urgent hearing, following which the case was heard by the bench of Chief Justice J S Khehar and Justice D Y Chandrachud.
The Madras High Court had on August 10 stayed the 'look out circulars' issued against Karti Chidambaram and four others by the Centre over a corruption case filed by the CBI, holding that they were prima facie 'unwarranted'.
Besides Karti, his associates C B N Reddy, Ravi Viswanathan, Mohanan Rajesh and S Bhaskararaman had also got the interim relief.
The Foreigner Regional Registration Officer (FRRO) and the Bureau of Immigration, under the Union Home Ministry, had issued the circulars against Karti on June 16 last and against the four others on July 18.FRRO) and the Bureau of Immigration, under the Union Home Ministry, had issued the circulars against Karti on June 16 last and against the four others on July 18.
In his petition, Karti has contended that the lookout circular was part of the central government's "political vendetta" and issued "arbitrarily" without jurisdiction to prevent him from travelling abroad.
He also said he had responded to the summonses issued by the CBI in connection with the case and there was "no absolute cause of action" for issuance of the circular.
The case is related to alleged irregularities in the Foreign Investment Promotion Board (FIPB) clearance to INX Media for receiving overseas funds when Karti's father was the Union Finance Minister in 2007.
CBI had claimed that the FDI proposal of the media house was "fallacious", but Chidambaram had cleared it.
The FIR dated May 15 was registered before the special CBI judge here. It was followed by searches at the residences and offices of Karti and his friends on May 16.
(With PTI inputs)
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