Karthi gets anticipatory bail

Chennai: In a late night hearing, the Madras High Court granted anticipatory bail to Karthi Chidambaram, son of former Union Minister P Chidambaram in connection with the warrant issued against him by the Income tax department under the Black Money Act for allegedly not disclosing foreign assets. The court on Saturday also directed the I-T department to keep in abeyance the warrant issued against him until he returned from his trip abroad.

Karthi Chidambaram gave an written undertaking to appear before the concerned IT official on June 28. Apprehending arrest following issuance of warrant, Karthi Chidambaram's counsels, A R L Sundaresh and Satish Parasaran, knocked on the doors of the official residence of Chief Justice Indira Banerjee late last night.

However, they were instructed to approach the concerned portfolio judge with the anticipatory bail petition.

On being informed that a bail application has been filed before Justice A D Jagadeesh Chandra, the IT department's counsel AP Srinivas appeared at the judge's residence along with an IT official. During the midnight hearing at the judge's residence, the I-T department said three summons had already been issued to Karthi Chidambaram directing him to personally appear before it to record his statement in connection with the probe into alleged non-disclosure of assets abroad. Since he did not do so, a warrant was issued by the department under Section 8(1) of the Black Money Act, the counsel said. The warrant was served by the city police to secure his presence and to appear before the concerned IT official. Hence, Karthi Chidambaram moved the High Court at around midnight seeking anticipatory bail. A copy of the bail plea was served to the counsel for the I-T department, as well as the official who accompanied him. The counsel for I-T dept then submitted that Karthi had already got permission from the SC on May 18, 2018 to travel abroad. He had already filed an affidavit before the SC stating he would like to go abroad on Sunday (today). Referring to the top court order, Karthi Chidambaram submitted that he had already made arrangements to go abroad with his wife and daughter, but that the warrant was issued by the I-T department in the meantime.