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Vijay Mallya Extradition
Embattled businessman Vijay Mallya believes Indian banks pursuing bankruptcy proceedings against him in the English courts have assumed an unreal quality in the wake of Union Finance Minister Nirmala Sitharaman's recent statement in Parliament and has instructed his lawyers to pursue an annulment application. It emerged as Justice Anthony Mann reserved judgment, to be handed down at a later date after hearings of three interlinked appeals related to Mallya's bankruptcy order concluded at the High Court in London this week. The judge heard a set of complicated arguments involving a consortium of banks led by the State Bank of India (SBI) seeking repayment of an estimated judgment debt of around GBP 1.05 billion owed by the 69-year-old businessman's now-defunct Kingfisher Airlines. From Dr Mallya's perspective, these English bankruptcy proceedings have an unreal quality, Leigh Crestohl, Managing Partner of Zaiwalla and CoMallya's recently appointed lawyers, told PTI. Evidence has now
Embattled businessman Vijay Mallya's attempt to overturn a bankruptcy order imposed on him by the High Court in England over three years ago has returned for appeal hearings in London this week. During a hearing at the Chancery Division in London on Wednesday, Justice Anthony Mann ruled against an adjournment petition by Mallya who was not present and represented in court by recently appointed Zaiwalla & Co lawyer Kartik Mittal and barrister Mark Watson-Gandy. The judge then went on to hear a set of interlinked appeals related to the 69-year-old businessman, separately wanted in India on fraud and money laundering charges. The appeals this week relate to a consortium of Indian banks led by the State Bank of India (SBI) seeking the repayment of an estimated judgment debt of around GBP 1.05 billion owed by his now-defunct Kingfisher Airlines. I find no good reason to adjourn pending the outcome of Indian proceedings, Justice Mann said, noting that significant appeal time had ...
The lawyer of fugitive businessman Vijay Mallya on Thursday told the Supreme Court that he was not receiving any communication from him and sought to be discharged from the case as a counsel. A bench of Justices D Y Chandrachud and Hima Kohli allowed the discharge of advocate E C Agrawala from the case and asked him to furnish the e-mail ID of the liquor baron along with his present residential address in the United Kingdom to the apex court registry. "Counsel seeking discharge the case because in spite of communication from his end, no instruction is forthcoming," the bench said and asked the lawyer to follow the process of discharge. Agrawala told the top court, "I want to be discharged from this matter as I am not receiving any instructions from my client. I am not able to establish contact with him. He is incommunicado for a long time." The top court discharged the lawyer from the two petitions filed by Mallya against the October 5, 2018 and September 13, 2019 orders of the ...