Jakir Husain @ Jahid Husain and Another v. State of U.P.and Another

What is this about?

In this criminal miscellaneous application, the Single Judge of the Allahabad High Court, hearing counsel for the applicant and the State, found no exceptional ground to exercise its discretionary jurisdiction under Section 438 Cr.P.C. Citing P. Chidambaram vs. Directorate of Enforcement, the court rejected the plea.