The Padma Bhushan given to Chatwal in 2010 had kicked up a huge controversy.
Allegations of criminal complaints against the NRI hotelier surfaced.
There were accusations of non-payment of bills, criminal intimidation, and CBI cases against him.
But the home ministry issued a statement saying, "As per available reports, there is nothing adverse on record against Mr Chatwal."
Chatwal says the controversy never upset him though he's done a lot for India.
Speaking of the land of opportunities that India is today, Chatwal says, "I left India 43 years ago to chase the American dream. The other day Vikram said to me, 'Dad, I feel like moving to India'."
Looking at his son's glamorous, extravagant track record, that's a bit difficult to picture.
Image: In this handout picture released by The Indian Press Information Bureau (PIB), Indian President Pratibha Patil (L) is seen presenting the Padma Bhushan to Sant Singh Chatwal.