SC adjourns hearing on Mallya’s plea against confiscation of properties till Aug 13

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The Supreme Court on Friday adjourned the hearing till August 13 on a petition filed by fugitive business tycoon Vijay Mallya seeking a stay on confiscation of properties owned by him and his relatives.

A top court bench headed by Chief Justice Ranjan Gogoi deferred the matter after being informed that Mallya’s lawyer Fali S Nariman was not well.

In his plea, Mallya had submitted that no properties other than those related to Kingfisher Airlines, which is facing cases of alleged irregularities, should be attached.

Earlier, Mallya approached the apex court on June 27 seeking a stay on the confiscation of properties owned by him and his relatives.

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On July 11, the Bombay High court had dismissed Mallya’s petition seeking a stay on the procedure for the confiscation of his properties by a government agency.

A special PMLA court had on January 5 declared Mallya a fugitive economic offender and directed that the properties of the 63-year-old be confiscated. He had fled the country in March 2016 and has been living in the United Kingdom since then.

Last month, the Royal Courts of Justice had granted permission to Mallya to appeal against the UK Home Secretary’s order extraditing him to India to face trial on charges of fraud and money laundering to the tune of Rs 9,000 crore.

(With ANI inputs)

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