The Supreme Court on Thursday decided to go ahead with hearing against fugitive businessman Vijay Mallya in a contempt of court case related to non-disclosure of his assets, as well as the amount of USD 40 million (Rs 600 crore) that he had received from Diageo Plc.
The Supreme Court on Tuesday listed the sentence hearing in a contempt case against fugitive businessman Vijay Mallya on January 18. India has been trying to extradite the Kingfisher boss from the United Kingdom for the last few years.
As diamond merchant Nirav Modi faces extradition from the UK on February 25, the fact is that India has not had much success in this sphere. With Vijay Mallya too facing extradition, the issue is a complex one.
A petition has been filed by United Breweries (holdings) Limited in the Supreme Court challenging the dismissal of the application by the Karnataka High Court wherein the High Court had dismissed a petition against the winding up of the company and appointment of an official liquidator.