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Thursday: The apex court of India decided to grant the last chance of two weeks to prove the innocence of the flung businessman Vijay Mallya through presenting himself personally or a counsel to present his stand in his case against him and if because of a reason he cannot do the need full then the court will take the matter to a legal conclusion.
A bench headed by Justice UU Lalit took the case till 24 February 2022. The court accepted the plea from Mallya which was stated by senior advocate Jaideep Gupta who was part of the court in the case and said that Mr. Mallya should be given the last chance to prove himself for his 9000 crore rupees bank loan default on his company Kingfisher Airlines.
In the statement, the bench said “ In Gupta’s submission matter may be adjourned for a short time with the expression that this would be a final opportunity and in case he chooses to not remain personally present or advance submissions through counsel, the court may proceed further with the matter. Going by submissions we wait for 2 weeks. The respondent contemnor is at liberty to act in directions of November 30, 2021 order failing which matter shall be taken to legal conclusion and proceed further”.
The court also said that Vijay Mallya has exhausted all pleas in the UK. Earlier to this, the court had also rejected the plea given by Mallya’s counsel EC Agarwalla. Last time the court had stated that they have waited long enough and cannot wait much longer.
Earlier when talking about the extradition of Mallya from the UK to India the Ministry of External Affairs said some confidential proceedings are pending in the UK details of those are not known.
During Mallya’s plea in 2017, the apex court was dealing with contempt action against him about the USD 40 million which he received from offshore firm Diageo.
The Supreme court will also hear the case of accused Mallya drifting his money to son Siddharth Mallya and daughter Leanna and Tanya Mallya after the orders were passed by the Karnataka High Court.