After noting that only Chidambaram and accountant Bhaskaraman were arrested, the court also issued notices to the sureties of both of them to produce them before the court on the next date of hearing.
It said that there is no hard and fast rule regarding grant or refusal to grant bail. Each case has to be considered on the facts and circumstances of each case and on its own merits.
The Supreme Court has allowed MP Karti P Chidambaram to travel abroad on condition to deposit Rupees 2 crores. The Apex Court has also directed him to furnish his itinerary and the place where he will stay.