Photo: The Financial Times
SC To Give Order On Quantum Of Sentence Of Vijay Mallya Next Year
The Supreme Court adjourned the order on quantum of sentence against fugitive businessman Vijay Mallya on November 30. The three-judge bench of the court headed by Justice Uday Umesh Lalit said that the next hearing on the matter will be held on January 18, 2022. He was accused in a case of bank loan default worth Rs 9,000 crore was convicted by SC in 2017, reported UNI.
Tags: Vijay Mallya, Kingfisher, United Kingdom, Supreme Court, India
Courtesy: UNI
Photo: The Economic Times
ED Seizes Vijay Mallya's Assets In France Under PMLA
Under the Prevention of Money Laundering Act, Vijay Mallya's assets worth Rs 14 crore has been seized by the Enforcement Directorate in France. Through the French authorities, ED successfully took action against Mallya who has been accused as a defaulter of over Rs 9,000 crore. Reportedly, Mallya has been in the UK since 2016, and only be brought back to India after completing a separate judicial and confidential process.
Tags: Enforcement Directorate, India, Vijay Mallya, Kingfisher
Courtesy: The Indian Express
Photo: The Print
Unaware of Mallya's Extradition: Solicitor General Tells Supreme Court
Solicitor General Tushar Mehta has informed the Supreme Court that the government is unaware of the United Kingdom's procedures on extradition of Vijay Mallya. Reportedly, the External Affairs Ministry have stated that the UK's extradition order on Mallya has not come to effect yet. The court asked Mallya's lawyers to inform the bench about the proceedings and urged the external affairs ministry to produce him at the court on November 2.
Tags: Vijay Mallya, Kingfisher, UK, Extradition
Courtesy: Live Mint
