The court was hearing the petitions filed by Mallya regarding a monetary dispute with the State Bank of India.
The Supreme Court is set to pronounce its order on the quantum of sentence against businessman Vijay Mallya on July 11th.
In December 2021, the parliament was informed that 33 accused in bank fraud cases registered by the Central Bureau of Investigation (CBI) fled the country in the last five years.
Businessman Vijay Mallya has expressed his disappointment over the apex court's verdict that sentences him to four months of imprisonment over a bank loan default case.
While the outlook for airlines globally is positive, the business environment remains challenging
It is likely that the reference is to an asylum route which, according to legal experts, would depend upon whether Mallya applied for asylum prior to the extradition request or after.
A bench headed by Justice U U Lalit also imposed a fine of Rs 2,000 on Mallya. The top court had on March 10 reserved its order in the matter, observing that proceedings against Mallya have hit a 'dead wall'.
On November 2, last year, the top court had asked the Centre to file a status report in six weeks on the confidential legal proceedings pending in the UK on extradition of Mallya to India.
Extradition of economic offenders was one of the key issues discussed in the Foreign Secretary's recent visit to the UK.
UK court accepts evidence by Indian authorities as "broadly admissible", next hearing on January 7 and 8.
Mallya is wanted in India on alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crore
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'A date for the oral consideration has been set for July 2,' a UK court official said
Vijay Mallya targeted the State Bank of India (SBI) for allegedly wasting Indian taxpayers’ money on expensive legal fees in the UK.
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Vijay Mallya has submitted a 'renewal application' in the UK High Court, making another attempt at appealing against his extradition to India to face fraud and...
Vijay Mallya, the former Kingfisher Airlines boss is wanted in India for alleged fraud and money laundering charges amounting to Rs 9,000 crores
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Vijay Mallya reacted to the takeover of Jet Airways by banks led by State Bank of India in a series of tweets and said,"...Only wish the same was done for...
