April 25, 2025 04:54 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Full support to govt for any action': Rahul Gandhi after all-party meet on Pahalgam massacre | Indian Navy tests fires medium-range surface-to-air missile in Arabian Sea amid tensions after Pahalgam massacre | Pakistan threatens to suspend all agreements with India, including Simla Pact, after New Delhi's actions | Canada only G7 nation to keep mum on Kashmir terror attack that claimed 26 lives | PM Modi chairs top security committee meeting at his residence to discuss Pahalgam terror attack | Indian Army foils infiltration bid a day after Pahalgam horror, eliminates two terrorists along LoC in Uri sector | Navy officer, IB personnel among 27 killed in Pahalgam terror attack; Amit Shah reaches Srinagar | 'Thoughts and prayers with people of India': JD Vance condoles deaths in J&K terror strike | At least 27 killed in Pahalgam terror attack in Kashmir, Amit Shah leaves for Srinagar | 'Resume teaching without worrying': Mamata Banerjee to job losers camped outside SSC office

Mumbai court to hear today plea for non-bailable arrest warrant against Vijay Mallya

| | Apr 16, 2016, at 05:27 pm
Mumbai, Apr 16 (IBNS) A special court in Mumbai is expected to hear on Saturday the Enforcement Ditectorate's plea for issuing non-bailable warrant of arrest against liquor baron Vijay Mallya, whose diplomatic passport was suspended on Friday, reports said.
Mallya, who is facing the charge of laundering Rs.9,000 crore taken as bank loans for the now-defunct Kingfisher Airlines that he used to head, has refused to appear before the ED on three occasions between in March and April. Mallya left the country for the UK on March 2, the day the consortium of 13 banks that had lent him money moved the Debt Recovery Tribunal.
 
The consortium also later rejected his offer of paying an initial installment of Rs. 4,000 crore and settling the rest of the amount later.

Failing to respond to the ED summons, Mr Mallya had repeatedly sought fresh dates but the agency declined any further relief.

ED  issued fresh summons in the first week of April to  Mallya asking him to appear on April 9 after he sought two extensions from the earlier dates of March 18 and April 2 citing official reasons.

 Mallya has been directed by the Supreme Court to disclose all assets owned by him and his family in India and abroad by April 21.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Close menu