Supreme Court ordered to Vijay Malaya who escaped to the United Kingdom last year to appear before on 10th July, 2017, Monday. On this day, the court will pronounce the regarding punishment against the wanted business person Vijay Mallya in the contempt case. The top court had held on 9th May and the fluid tycoon guilty of contempt of court for the transfer of over 40 million dollars to his kids in violation of its order.
Indian government has already asked Britain to make sure early expulsion of Mallya who is a wanted accused in the bank loan non-payment case of totally 9000 Crore Rupees Indian money involving hi redundant Kingfisher Airlines. The group of banks guided by the SBI (State Bank of India) has gone to the top court to file the case against the Vijay Mallya about this illegal money transfer of about $ 40 million received from the British firm Diageo to his kids in the deliberate violation of the different judicial orders.
Legal actions against Vijay Mallya:
The apex court had asked this liquor baron on 9th March about the honesty of his disclosure of the different assets and also a transfer of this bigger amount to his kids. The banks have claimed that Vijay Mallya hided the truths and redirects the money to his daughters Tanya Mallya and Leanna Mallya and his son Siddharth Mallya in the open violation of the orders passed by the high court of Karnataka.
The bench had as well created many queries to the group of banks and asked it to know that whether any criminal actions have been begun against Mallya. Senior advocate Shyam Divan and attorney general Mukul Rohatgi are appearing for the group of banks in the court and had competed unless Mallya deposits $ 40 million before the court.