Supreme Court dismisses CBI's review petition: Chidambaram was arrested by CBI on August 21 last year in connection with the INX Media case

This is the first chargesheet filed by the ED in the case naming former finance minister P. Chidambaram and his son Karti Chidambaram under the Prevention of Money Laundering Act (PMLA)

Allegations against Karti state that he received kickbacks in lieu of his father P Chidambaram facilitating infusion of foreign funds in INX Media in 2007 during his tenure as the Finance Minister

A standing committee on the ARC sector should be formed which should meet quarterly to take stock of the developments and ways to improve the functional effectiveness of ARCs

The action comes more than a year after Enforcement Directorate (ED) and Central Board of Investigation (CBI) started investigating allegations regarding irregularities of funds and even criminal misconduct by AirAsia when it was lobbying for its operational licences in India

Special Judge Ajay Kumar Kuhar also granted exemption from personal appearance t0 np Chidambaram

The Swedish furniture giant said that millions of visitors visited the Ikea store and the turnover of the outlet is also as per the expectations of the company

Special Judge Ajay Kumar Kuhar also granted relief to former OSD to finance minister Pradeep Kumar Bagga and former FIPB director Prabodh Saxena

A bench headed by Chief Justice S A Bobde, who was administered the oath of office by President Ram Nath Kovind earlier in the day, was told by senior advocate Kapil Sibal that Chidambaram was in jail for around 90 days

The ED moved an application seeking extension of custody which was allowed by the court