Karti Chidambaram was granted anticipatory bail by the Madras High Court, hours after the Income Tax department had issued a warrant against him in a case relating to black money. He was granted bail in a midnight hearing of the Madras HC.
The bail was granted to him by Justice A D Jagadish Chandira at 11.30 pm on Saturday following a hearing at his residence. The case pertains to the three summons issued by the deputy director of the IT department under the Black Money Act directing Karti to appear before the officials.
After Karti failed to appear, the officer issued a warrant directing to secure his presence. Karti who was preparing to leave for London, immediately approached the Chief Justice of the Madras HC, Indira Banerjee through his counsel at 11 pm on Saturday.
The CJ instructed the counsel to approach the concerned judge, following which an application was moved before Justice Jagadish. The IT counsel said that if Karti gives an undertaking that he would appear before the department after his return, then the warrant would be kept in abeyance. Karti's counsel filed a written undertaking to appear in person on June 28.