Aircel-Maxis case: Delhi Court hearing fixed for July 31

Jul 06, 2018, 13:59 IST | PTI

Karti Chidambaram is the son of Congress leader and former finance minister P. Chidambaram

Aircel-Maxis case: Delhi Court hearing fixed for July 31
Representational Image

A Delhi Court on Friday fixed July 31 to decide whether to take cognizance of the charge-sheet filed by the Enforcement Directorate (ED) against Karti Chidambaram in the Aircel-Maxis case. Karti Chidambaram is the son of Congress leader and former finance minister P. Chidambaram.

The Aircel-Maxis deal scam, which emerged out of the 2G spectrum case, pertains to a grant by the Foreign Investment Promotion Board (FIPB) to the firm M/S Global Communication Holding Services Ltd for investment in Aircel.

Karti was arrested on February 28 at Chennai Airport upon his return from the United Kingdom for his alleged role in the case.

The Enforcement Directorate had earlier said that the FIPB approval granted in 2006 by Karti's father and former Finance Minister Chidambaram was beyond his mandate as he was only authorized to accord approval on project proposals of up to Rs 600 crore.

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates

This story has been sourced from a third party syndicated feed, agencies. Except for the change in headline, the story has been provided "AS-IS," "AS AVAILABLE, without any verification or editing from our side. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.

DISCLAIMER: mid-day and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.

Did you know Narendra Modi once wanted to become a monk?

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK