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No anticipatory bail to P. Chidambaram for irregularities in FDI clearances: Apex Court

September 5, 2019[2019] 109 taxmann.com 57 (SC)
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FEMA, BANKING & INSURANCE/PMLA : Where appellant's (P.Chidambaram) plea for anticipatory bail was rejected by High Court due to alleged irregularities in FIPB clearance given by appellant who was Finance Minister at relevant time to INX Media for receiving foreign investment, investigating agency had to be given sufficient freedom in process of investigation and grant of anticipatory bail to appellant would hamper investigation and, therefore, appellant was not to be granted anticipatory bail

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