The Madras High Court on Thursday reserved its orders on a petition filed by the Directorate of Enforcement to vacate an interim injunction granted by the court on September 21, 2016, restraining the investigating agency from proceeding further into the suspected money laundering by former Union Minister P. Chidambaram’s wife Nalini Chidambaram, a designated senior counsel.
Justice S.M. Subramaniam deferred his verdict after hearing elaborate arguments advanced by both sides.
The issue relates to the Saradha Ponzi scam case investigated by the Central Bureau of Investigation. Ms. Chidambaram had obtained the interim injunction after claiming to have received around ₹1 crore as professional fee through cheques from Sudipto Sen of Kolkata-based Saradha Group for having conducted many cases for his wife Manoranjana Sinh.