The federal agency has filed its case under the criminal sections of the Prevention of Money Laundering Act (PMLA) taking cognisance of a recent first information report (FIR) registered by the Central Bureau of Investigation (CBI) in the same case, they said.
The trial court had earlier said that the allegations against Chidambaram were found serious, therefore, he was remanded to police custody.
Finance Minister Arun Jaitley revealed that the government wanted to give Hasmukh Adhia a post-retirement role, but Dr Adhia said he would not work for a single day after November 30.
While posting the matter for hearing on Thursday, the bench said: "We are conscious that we should not usurp the jurisdiction of the concerned trial court".
'Whatever ED officers do -- issue summons, conduct searches or arrest a person -- they have to face the courts.'
The Bharatiya Janata Party on Monday hit back at the Congress party for releasing pictures of Narendra Modi with Lalit Modi and alleged that it showed "political bankruptcy".
Maran's penchant for taking risks was visible last year again when he acquired Indian Premier League's Hyderabad cricket franchisee and named it Sun Risers.
Chidambaram, who was closely monitoring the case of his son in the Supreme Court which was argued by his party colleague and senior advocate Kapil Sibal, had sprung a surprise last week by filing a petition on his own accusing the CBI and the Enforcement Directorate of carrying out a political vendetta against him and his family.
Chidambaram said that if the government is of the view that Karti has alleged undisclosed assets he would ask it to make a list in this regard and his son will voluntarily execute any document necessary to transfer such assets to it for a nominal consideration of Rs 1.
The Central Bureau of Investigation on Monday recorded statement of former Aircel chief C Sivasankaran in connection with its ongoing investigations in the second generation spectrum allocation scam during UPA-I regime.
'I had done 23 years of very satisfying service -- 10 years in the police and 13 years in the Enforcement Directorate.' 'I had done law enforcement and thought the next step should be towards contributing to make good laws.'
The government is understood to have left it to the Central Bureau of Investigation and Joint Parliamentary Committee to look into the alleged irregularities in the grant of licences to Aircel, which is owned by Maxis Telecom of Malaysia, and the involvement of former Telecom Minister Dayanidhi Maran in it.
'Work will now be basically file movements from one desk to another as both the government and the agency would not like to antagonise the court.'
With the fall of Congress, Chidambaram's political graph too started moving southwards.
Union Textile Minister Dayanidhi Maran has come under the scanner in the 2G scam probe, with the Central Bureau of Investigation telling the Supreme Court on Wednesday that he had misused his office and forced C Sivasankran, the promoter of Chennai-based Aircel, to sell his firm to Malaysia-based Maxis Communications in 2006.
While smart boys like the Ruias of Essar, Ajay Piramal, Max India promoter Analjit Singh laughed all the way to the bank, the Tatas, Anil Ambani, Malaysian tycoon T Ananda Krishna of Maxis (which invested in Aircel), Sistema, and Norway's Telenor burnt their fingers, notes Surajeet Das Gupta.
Analysts say the Sun Network's fundamentals may be sound but the troubles faced by Maran have caused a lot of volatility.
The ED told the apex court that during the investigation it found Chidambaram had 11 'immovable properties' and 17 bank accounts abroad and his custodial interrogation was required to unearth the larger conspiracy in the case.
Taking a jibe at Yashwant Sinha, the finance minister said that he doesn't have luxury of being former finance minister.
Senior lawyer Prashant Bhushan filed a fresh affidavit in the Supreme Court on Tuesday, stating that investigation into former textiles minister Dayanidhi Maran's role in the 2G spectrum scam has not been honestly conducted by the Central Bureau of Investigation.
Dravida Munnetra Kazhagam Member of Parliament Dayanidhi Maran has not so far been given a clean chit in 2G scam case, the Central Bureau of Investigation on Thursday told the Supreme Court and objected to the allegation that its investigation in this case is "less than honest".
He allegedly advanced the cut-off date to favour accused firms in allocation of 2G licences.
Ageing leadership, reckless family-oriented politics, absence of inner-party democracy, lack of debate on core issues within the party are all taking a very heavy toll on the original Dravidian party, says R Ramasubramanian.
The man who led this journey is 50-year-old Kalanithi Maran, chairman and managing director of the Sun Group.
Objective of the examination is to study the tax implications of such deals.
Malaysia's state-controlled top telecom operator Telecom Malaysia is to buy a 49 per cent stake in India's Spice telecom Ltd, both companies said in Kuala Lumpur on Friday.
Sources in the industry said Tata Teleservices had made an attempt to sale one-third stake to South Korean Telecom. But the deal did not materialise because of differences over valuation.
The Reliance decision was challenged by various GSM-mobile phone firms and there is an attempt to create a split in their ranks -- Maxis Aircel has already withdrawn from the court case, and it is likely another one or two firms will follow as they've been made to believe this improves their chances of getting spectrum.
The UTOO 'soft' launch was in June and the full commercial launch is slated for September.
A consummate deal-maker, the former Aircel boss raked in the moolah in many, but lost a packet in several others.
He said the plea pertained to his liberty, which was 'illegally curtailed'.
The statements of the Mukerjeas were recorded by the Enforcement Directorate, which is probing the money laundering angle in the case, while the CBI had only recorded Indrani's statement before a magistrate as per section 164 of the CrPC, they said.
Karunanidhi was convinced that using the 2G cases against the DMK and reopening the fodder case against Lalu Prasad Yadav were products of the Congress leadership's short-sightedness. A revealing excerpt from A S Panneerselvan's Karunanidhi: A Life.
Corporate legal cases kept India Inc on its toes in 2014 as high stake matters on coal, telecom and mining came up in the Supreme Court, which also sent Sahara Group chief Subrata Roy to jail.
With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.
Though SpiceJet is likely to resume flights, experts have a doubt on the airline's financial capabilities.
In a major reform push, government on Thursday approved 100 per cent foreign direct investment (FDI) in the telecom sector, meeting a key demand of the fund-starved industry.
They are sure not to like this particular one, observes N Sathiya Moorthy
Modi hit out at the UPA government for allegedly 'blocking' surgical strikes post 26/11 Mumbai attacks in 2008.
In effect, companies which put their money in telecom in India would have done much better to keep the cash in bank and earn interest.
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