Supreme Court refuses to release ₹10 crore deposited by Karti Chidambaram for travelling abroad

A bench headed by Justice Deepak Gupta said the amount will continue to remain in fixed deposit for another three months.

September 06, 2019 11:37 am | Updated December 03, 2021 08:16 am IST - New Delhi

Karti Chidambaram

Karti Chidambaram

The Supreme Court on Friday refused to release for three more months the ₹10 crore deposited by Karti Chidambaram with the apex court’s registry for travelling abroad.

A bench headed by Justice Deepak Gupta said the amount will continue to remain in fixed deposit for another three months.

Karti, who is facing proceedings in cases like Aircel-Maxis and money laundering matters, had deposited ₹10 crore pursuant to the condition imposed by the apex court for travelling abroad.

The apex court had in May too dismissed his plea seeking return of the ₹10 crore.

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