Skip to main content

SC issues notice to ED on bail request recorded by P Chidambaram

Preeminent Court issues notice to ED on bail request recorded by P Chidambaram in INX Media case 

The Supreme Court has given a notice to ED on a request recorded by Chidambaram testing the judgment of the Delhi HC denying him bail in the illegal tax avoidance case.

Excerpts of the incident : 

‌• SC notice to ED on bail request of Chidambaram in INX Media case

•‌ Preeminent Court has requested that the ED record an answer by Monday

‌• The next date of hearing for the case is November 26 


The Supreme Court on Wednesday gave a notice to the Enforcement Directorate (ED) on the bail supplication of senior Congress pioneer P Chidambaram in the INX Media tax evasion case. 

Chidambaram had moved toward the Supreme Court testing the judgment of the Delhi High Court denying him bail in the illegal tax avoidance case held up by the ED. 

The test office has been approached to document an answer by Monday. The following date of hearing is November 26. 

A seat, headed by recently sworn-in Chief Justice of India SA Bobde, had on Monday requested the posting of the bail supplication. 

The Delhi High Court had on November 15 rejected Chidambaram's' bail supplication for the situation recorded by the ED, saying by all appearances claims against him were not kidding in nature and he played a "functioning and key job" in the offense. 

Chidambaram was first captured by the Central Bureau of Investigation (CBI) on August 21 in the INX Media debasement case and was conceded bail by the Supreme Court on October 22. 

Chidambaram, who was captured by the ED in the illegal tax avoidance case on October 16, is by and by in legal care till November 27 under the request for a preliminary court. 

The CBI had enrolled the case on May 15, 2017, charging abnormalities in a Foreign Investment Promotion Board (FIPB) leeway allowed to the INX Media bunch for accepting abroad assets of Rs 305 crore in 2007 during Chidambaram's residency as the Union money serve. 

From that point, the ED had stopped a tax evasion case in such manner around the same time.

Author : Shivanshu Katare (Law Student)

References : live law, manupatra, economic times


Comments

Post a Comment

Popular posts from this blog

Contract Notes - 3

Object and Consideration in Contract Act, 1872 Object of a Contract The object of a contract is the purpose or intention behind the agreement between parties. For an agreement to be enforceable as a contract, its object must be lawful and not opposed to public policy or morality. The lawful object is a necessary element of a valid contract. If the object of the contract is illegal or immoral, the agreement is void. Section 23 of the Indian Contract Act states that the consideration or object of an agreement is lawful unless it is forbidden by law, or is opposed to public policy, or is fraudulent, or involves injury to the person or property of another, or the court regards it as immoral or opposed to public policy. Significance The object ensures that contracts are not made for purposes harmful to society or contrary to law. This protects public interest and maintains ethical standards in contractual relations. Landmark Case: Gherulal Parakh v. Mahadeodas Maiya (1959) AIR 781...
Post a Comment
Read more

Sales of Goods Act, 1930: Section-Wise Notes

1. Concept of Sale and Agreement to Sell 1.1 Definitions Sale of Goods (Section 4(b)): Sale is a contract whereby the ownership (property) in goods is transferred from the seller to the buyer for a price. Both the transfer of ownership and payment of price distinguish a sale. Agreement to Sell (Section 4(a)): Agreement to sell is a contract where the transfer of ownership is to take place at a future time or subject to certain conditions to be fulfilled later. Ownership passes only when those future conditions or time arrive. 1.2 Difference between Sale and Agreement to Sell Aspect Sale Agreement to Sell Transfer of Ownership Immediate transfer of ownership Transfer is future or conditional Nature of Contract Executed contract Executory contract Risk Passes to buyer immediately Remains with seller until transfer Remedies on Seller’s insolvency Buyer becomes owner; goods not affected Buyer has only contractual claim 1.3 Essential Elements of a Contract of Sale Two ...
Post a Comment
Read more

Contract Act Notes 1

Importance of Contracts Meaning of Contract A contract, per Section 2(h) of the Indian Contract Act, 1872, is an agreement enforceable by law. It represents the foundation of business, personal, and legal interactions where parties agree on rights and obligations. Role and Significance of Contracts Legal Enforceability: Contracts give legal backing to promises enabling parties to seek remedies in courts for breach, promoting trust. Facilitates Commerce: Provides a framework for predictable and secure commercial transactions, essential for business growth and economic stability. Defines Rights and Duties: Contracts clarify mutual duties and expectations, reducing disputes. Social Utility: Contracts facilitate cooperation in various spheres including employment, trade, insurance, real estate, etc. Dispute Resolution: Establishes mechanisms for remedies like damages, specific performance, cancellation. Framework for Justice: Ensures fairness, equity, and...
Post a Comment
Read more