Vijay Mallya’s Plea Rejects by Supreme Court In Contempt Case

The Supreme Court on Monday brushed off a plea filed through fugitive businessman Vijay Mallya searching for a evaluation of its 2017 order preserving him responsible of contempt of courtroom docket for shifting USD forty million to his children, an ANI file said.

The pinnacle courtroom docket bench headed through UU Lalit and Ashok Bhushan said, “We do now no longer discover any deserves withinside the plea “. The apex courtroom docket had reserved its verdict at the evaluation plea on August 27 after listening to arguments from each sides, the file added.

Mallya is an accused in a financial institution mortgage default case of over ₹ 9,000 crore concerning his defunct Kingfisher Airlines, is currently withinside the United Kingdom, it said.

The pinnacle courtroom docket’s come issued a plea in May 2017 through a consortium of banks led through the State Bank of India (SBI), which said Mallya had allegedly transferred USD forty million obtained from British corporation Diageo, to his youngsters in “flagrant violation” of diverse judicial orders, the file added.

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