The Madras High Court Friday quashed an order passed by the Income Tax department sanctioning criminal prosecution against the family members of former Union minister P Chidambaram in a black money case.
The Madras High Court today dismissed an appeal by former union minister P Chidambaram's wife Nalini against a single judge's order rejecting her plea challenging the Enforcement Directorate (ED) summons in the Saradha chit fund scam case.
The Madras High Court reserved its orders on an appeal by former union minister P Chidambaram's wife Nalini over dismissal of her plea against ED summons in the Saradha chit fund scam case.
ED has issued fresh summons to Nalini Chidambaram, wife of former finance minister Chidambaram, in connection with its money laundering probe into the Saradha ponzi scam.
The family of Chidambaram said the ITD charge sheets against them under black money law were "baseless allegations" as the overseas investments under question were duly reflected in their IT returns.
The Income Tax dept filed four charge-sheets against Chidambarams under the Black Money Act for allegedly not disclosing their foreign assets.
Madras HC dismissed a petition by Nalini Chidambaram, challenging ED's summons to her to appear as a witness in its money laundering probe in Saradha chit fund scam case.