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SC To Hear Karti Chidambaram's Plea Today Regarding The Return Of Rs. 20 Crores Deposited By Him As Security For Traveling Abroad

By LawStreet News Network      17 January, 2020 10:01 AM      0 Comments
SC To Hear Karti Chidambaram's Plea Today Regarding The Return Of Rs. 20 Crores Deposited By Him As Security For Traveling Abroad

The Supreme Court will hear the plea of Congress MP Karti Chidambaram today (January 17, 2020) seeking the return of Rs 20 Crores, which he had deposited with the courts registry as security for being allowed to travel abroad.

A bench headed by Chief Justice of India, S A Bobde, Justices B R Gavai and Surya Kant will be hearing the matter.

The Supreme Court in January and May last year had granted Karti Chidambaram permission to travel abroad after depositing Rs 20 crore (Rs 10 crore for January and 10 Crore for May) with the Secretary-General of the Supreme Court.

In the previous hearing on January 13, 2020 the Supreme Court of India, issued a notice to the Enforcement Directorate to file a reply to a petition submitted by Karti Chidambaram seeking a refund in the amount of Rs. 20 crores, which was deposited by him as a security for travelling abroad, while he was out on bail. 

The bench had sought clarification regarding the purpose of the security deposit from the investigating agency and whether that purpose stood fulfilled after K. Chidambarams return from abroad.

Earlier, the court had allowed K. Chidambaram to go abroad for various purposes like the admission of his daughter and for participation in tennis tournaments held abroad, in the last two years. He was allowed to visit United Kingdom and USA in May and Germany and Spain in June, 2019. The plea to travel abroad also stated that the respondent is a former tennis player, an administrator and an entrepreneur.



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