Fashion Game
SC junks Vijay Mallya's plea challenging proceedings to declare him a fugitive
Counsel, representing Mallya, contended before the court that he was not receiving any instructions from him in the matter. A bench of Justices Abhay S. Oka and Rajesh Bindal said counsel for the petitioner states that Mallya is not giving any instructions. "In view of this statement, the petition is dismissed for non-prosecution," said the bench.
'Not receiving any instructions from Vijay Mallya', lawyer to SC
A bench comprising Justices D.Y. Chandrachud and Hima Kohli asked the lawyer to provide Mallya's email and residential address in the UK to the court registry. Counsel submitted that he wants to be discharged from the case since he is not receiving any instructions from Mallya.
'Adequate punishment is must', SC sentences Vijay Mallya to 4 months in jail for contempt of court
In March, the top court had reserved the order on sentence to Mallya, who was found guilty of contempt in 2017 for disobeying court's order for not disclosing full particulars of assets in case between the SBI and Kingfisher Airlines.
Rs 18,000 cr returned to banks from Mallya, Nirav & Choksi: Centre to SC
Mehta, representing the Centre, submitted before a bench headed by Justice A.M. Khanwilkar that the total proceeds of crimes in the Prevention of Money Laundering Act (PMLA) cases pending before the top court amounts to Rs 67,000 crore. The top court is hearing a clutch of petitions, challenging the wide scope of powers available to the directorate of enforcement (ED) for search, seizure, investigation, and attachment of proceeds of crime under the law.
Setback to Vijay Mallya, UK High Court asks him to vacate his London home immediately
The Chancery division of the High Court in London has ruled that VijayMallya and his family must leave the house immediately on their own will or will be evicted forcefully by bailiffs, Times of India reported. The lawyer/barrister representing the Bank, Fenner Moeran QC, has said that his client will not delay the repossession process of a house which is worth millions of Pounds. In an application for stay on eviction filed by Rose Capital, High Court of London’s Deputy Master Marsh not only refused to permit it but also precluded the permit to appeal.
Indian banks recover over 7,000 crores from Vijay Mallya by selling his company shares
On June 23, the banks sold 15 per cent of Vijay Mallya's shares in United Breweries to Heineken international and recovered Rs 5,800 crore. Earlier, the banks had sold Rs 1,357 crore worth of Mallya's shares in United Breweries (UB) and United Spirits Ltd (USL). They are also planning to sell another Rs 800 crore worth of shares by June 25, according to media reports.
Rs 9,371 cr seized assets of Mallya-Choksi-Nirav Modi transferred to banks: ED
The ED in a statement said that Mallya, Nirav Modi and Choksi have defrauded public sector banks by siphoning off the funds through their companies which resulted in total loss of Rs 22,585.83 crore to the banks. The ED has booked the three on the basis of the FIR filed by the Central Bureau of Investigation (CBI).
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