Discover and read the best of Twitter Threads about #chidambaram

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Read 34 tweets
Important day for #PChidambaram as well as CBI & ED in the #INXMediaCase: Kapil Sibal mentions before Justice R Banumathi that the new petition against CBI's remand hasn't been listed so far.
Justice Banumathi says that necessary orders could not be obtained from the #CJI over the weekend. Registry has been asked against to do the needful.
SG Tushar Mehta says he has no objections if #PChidambaram's legal team wants to argue against the custody order too.
A lot is at stake for #PChidambaram as well as for the #CBI and the #EnforcementDirectorate when the #SupremeCourt takes up the former union finance minister’s petitions today. Here's why and how:
news18.com/news/india/fro…
Read 48 tweets
Action begins at Delhi's Rouse Avenue court where #PChidambaram is going to be produced by the #CBI following his arrest last night.

Wife Nalini Chidambaram and son #KartiChidambaram have reached court no.502, presided over by special judge Ajay K Kuhar.
Senior lawyers Kapil Sibal, AM Singhvi, Vivek Tankha are also in the court complex.

Solicitor General Tushar Mehta and senior lawyer Sonia Mathur are expected to appear as special public prosecutors for the #CBI.
#PChidambaram being taken to the court room where remand proceedings in the #INXMediaCase
will commence shortly.
Read 26 tweets
P. Chidambaram INX media case. Thread 👇🏻
#INXMediaCase
#ChidambaramFacesJail
#PChidambaram
Any company which seeks foreign capital from foreign investors through FDI route must get clearance from Foreign Investment Promotion Board or FIPB.
The case against P Chidambaram is of irregularities in FDI received by INX in 2007. What are these ?
FIPB cleared FDI of 4.62 crores to INX media group. It was 46.2 % of the total share value of 10 crores. The shares were valued at 10 rupees a piece.
INX media wanted to use money from this to invest in it’s subsidiary INX news, which FIPB declined.
Read 16 tweets

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