The probe agency had claimed that the FDI proposal of the media house was "fallacious" but former Union finance minister Chidambaram had cleared it.Subsequently,through a notice dated June 15. It is in this connection and at the behest of the CBI that the LOC was issued on July 18.Claiming that the CBI issued the summons when he was in abroad on personal work, Karti said, "My counsel duly informed about my stay abroad to the CBI through a letter dated June 20. On July 4, the CBI once again issued a summons against which I have move the high court and the petition is still pending adjudication. I was always responding to the summonses issued by the CBI and that there was no absolute cause of action for issuance of the LOC. "He added that LOC was a coercive measure to make a person surrender to the investigating agency only if it is amply demonstrated that the petitioner did not repeatedly and deliberately failed to cooperate with the investigation.He wanted the court to quash the LOC.

Source: Times of India August 04, 2017 08:08 UTC