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A bench of Justices R Banumathi and A S Bopanna said the petition has become infructuous as he was arrested on August 21. The apex court, however, asked him to move a regular bail plea before the appropriate court.
Chidambaram had moved the Supreme Court the same day the High Court dismissed his anticipatory bail plea.
During the course of proceeding on Monday, Kapil Sibal, senior counsel representing the former Union finance minister, said that he had mentioned the matter for urgent listing on August 21 but the court did not list it until August 23.
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Sibal argued, “If the arrest had taken place and I had filed it later, the petition against Delhi High Court would be infructuous. I have a right to be heard under the law.”
After the High Court rejected Chidambaram’s pre-arrest bail on August 20, he was arrested and sent to CBI’s custody by a trial court for four days, ending on Monday.
At present the apex court bench is hearing issues relating to the money laundering case lodged by the ED in connection with the INX media scam.
On Friday, the apex court had granted protection from arrest till Monday to Chidambaram in the money-laundering case lodged by the Enforcement Directorate.
The court has sought replies from Enforcement Directorate on Chidambaram’s plea and directed that all the three matters should be listed on Monday.
Chidambaram has contended that it is violation of his fundamental right under Article 21 of the Constitution that his petition challenging the High Court order was not heard by the apex court on July 20 and 21 and he was arrested on the August 21 night.
Solicitor General Tushar Mehta, appearing for ED, had said that lot of “hue and cry” and “political vendetta” was alleged by the petitioner (Chidambaram) and his party colleagues but “I am saying with a great sense of responsibility that this is a case of money laundering of a monumental magnitude”.
“CBI has recorded statement of Indrani Mukherjea, which will be tested in the trial, that she and her husband Peter had gone to Chidambaram for FIPB approval and he (Chidambaram) had asked them to take care of his son,” Mehta had argued.
The CBI had registered an FIR on May 15, 2017, alleging irregularities in the Foreign Investment Promotion Board clearances granted to the INX Media group for receiving overseas funds of Rs 305 crore in 2007 during Chidambaram’s tenure as finance minister.
Thereafter, the ED lodged a money-laundering case in 2017. Chidambaram was arrested on August 21 night from his Jor Bagh residence by the CBI in the corruption case and was produced before a trial court on August 22, which remanded him to four-day CBI custody till August 26.