Supreme Court refuses to stay HC Order quashing Criminal Proceedings against Chidambaram’s Kin [Read Order]

Chidambaram Kin - Madras High Court - Taxscan

The Supreme Court has, today refused to stay Madras High Court order quashing criminal prosecution against Karti Chidambaram and Nalini Chidambaram, son and wife of Congress leader P Chidambaram.

The issue relates to alleged non-disclosure of overseas assets and bank accounts held by Chidambaram’s wife, son Karti and daughter-in-law Srinidhi.

Earlier, the Madras High Court had quashed criminal prosecution against Karti Chidambaram and Nalini Chidambaram in an alleged black money case.

On an appeal filed by the income tax department, a bench headed by the Chief Justice of India, Ranjan Gogoi also sought responses from Nalini and Karti.

While refusing to grant stay, the Chief Justice Ranjan Gogoi and Justice Sanjiv Khanna held that “Learned counsel for the petitioners prays for interim stay of the judgment of the High Court on the ground that the said judgment may be acted upon in other similar cases. While, we decline the prayer for stay, as the same would amount to grant of final relief, we make it clear that as the impugned judgment is under scrutiny of this Court, until appropriate orders are passed, the same shall not be taken as a precedent.”

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