SC to hear fugitive Vijay Mallya’s plea on Friday

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The Supreme Court has agreed to hear fugitive Vijay Mallya’s plea on Friday where he has challenged the confiscation of properties belonging to the companies owned by him and his family members.
A bench headed by Chief Justice Ranjan Gogoi took note of the submission of F S Nariman, who appeared for Mallya, and said that the fresh plea be heard along with the pending one on the legality of the law and the action to confiscate the properties.

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The senior lawyer sought adjournment of hearing regarding the question of confiscation of properties. The bench has now posted the matter for hearing on August 2, 2019.

Mallya, who is currently in the UK, has been charged by the Enforcement Directorate (ED) of defaulting on bank loans to the tune of Rs 9,000 crore. He is also facing an extradition trial in the UK.

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Vijay Mallya had approached the Supreme Court on June 27 seeking a stay on the confiscation of properties owned by him and his relatives. In his plea, he has stated said that no other properties other than that of Kingfisher Airlines facing cases of alleged irregularities should be attached.

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