Karti had approached the apex court seeking direction to declare that the Enforcement Directorate had no jurisdiction to conduct any investigation unrelated to the allegations in the FIR lodged by CBI on May 15, 2017. The central investigative agency had sought.
The court directed the investigating agency to move an application before it on Friday, when former Union Finance Minister P Chidambaram's son will be presented before the court on expiry of his three-day CBI custody, granted on Tuesday.
The CBI argued that it needed further custody of Karti as he was non-cooperative and had not answered all questions.
The CBI argued that the existence of a new company has been uncovered and the report of the forensic examination of his hard disk has also come out.
After the court's order, Karti will be confronted with Chartered Accountant S Bhaskararaman at Delhi's Tihar jail.
A special court Friday gave the CBI three more days for custodial interrogation of Karti Chidambaram in the INX Media corruption case, while the Delhi High Court granted him relief, restraining the ED from arresting him in a related money laundering case till March 20.
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Just hours after he was arrested by the CBI at Chennai airport in connection with alleged bribery at INX Media on 28 February, he was sent to custody by a special court.
While granting the protection, the court said that it was yet to decide the Constitutional validity of section 19 of the Prevention of Money Laundering Act which deals with the power of arrest of the ED under the statute.
He said Karti should not be granted any interim relief as there was "cogent, substantial, reliable and unimpeachable material" against him.
The ED had registered a case against him and others in May a year ago. "The CBI has to justify remand every day and every minute", Singhvi said on behalf of Karti. However, the ED is planning to appeal in the Supreme Court against the HC order. For one year, you (CBI) couldn't find the firm's registered office which is your main accused. Karti is accused of receiving kickbacks a decade back to clear foreign investment into INX Media group, using the influence of his father P. Chidambaram, who was then the Union finance minister.
CBI has told the court that both Karti and Bhaskararaman are the main conspirators in the INX media case and need to be confronted with each other when new facts and evidence have emerged in the case.