The Supreme Court will hear the case of contempt of fugitive businessman Vijay Mallya tomorrow at 2 pm.
Amicus Curiae Jaideep Gupta urged the Supreme Court to hear the matter on Thursday. Accepting the request, the court fixed the time for hearing on this matter at 2 o’clock tomorrow.
In the last hearing, the Supreme Court had given Vijay Mallya a last opportunity to reply and said that it would be decided to proceed with the issue of punishment in Mallya’s absence.The court had also said that if Mallya does not present his case, the court will proceed with the matter on legal grounds.
Today ,the three Judge Bench of Justice Uday Umesh Lalit , Justice S. Ravindra Bhat and Justice Pamidighantam Sri Narasimha was hearing the contempt matter involving Mallya, accused in the bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines.
A case 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. Mallya was found guilty for disobeying the Court’s orders in not disclosing full particulars of assets in a case between SBI Bank and his now-defunct Kingfisher Airlines.
The Apex Court had earlier dismissed Mallya’s plea seeking review of its 2017 verdict which held him guilty of contempt for transferring $40 million to his children in violation of the court orders.
On 30/11/2021, the Solicitor General Tushar Mehta presented the memorandum dated 30/11/2021, issued under the signature of Deputy Secretary (Extradition), CPV Division, Ministry of External Affairs, Government of India. According to which it was placed before the Apex Court, the UK side has informed the Ministry that extradition of Vijay Mallya cannot take place until a separate legal issue, which is judicial and confidential in nature, is resolved.
After which, the Court had recorded that proceedings with regard to extradition have attained finality and Vijay Mallya has exhausted all avenues of appeal in the United Kingdom. However, it refers to some proceedings which are stated to be confidential, pending and no details are forthcoming. Thereafter, the Court has passed certain directions to finally decide the matter.