Mallya approaches SC against confiscation of properties
PTI, Jul 28, 2019, 8:42 AM IST
New Delhi: Embattled liquor tycoon Vijay Mallya on Saturday approached the Supreme Court seeking a stay on the confiscation of properties owned by him and his relatives.
In the petition, Mallya has said that no other properties other than that of Kingfisher Airlines facing cases of alleged irregularities should be attached.
On July 11, the Bombay High Court had refused to grant stay on proceedings before a special court on confiscation of Mallya’s properties.
The division bench of the court had dismissed an application filed by Mallya last month, seeking a stay on the proceedings before the special court hearing cases pertaining to the Prevention of Money Laundering Act (PMLA).
On January 5 this year, the special PMLA court here declared Mallya a fugitive economic offender. The court then started proceedings for confiscation of his properties.
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 UK.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
AAP’s Sanjay Singh writes to PM, LG; alleges Kejriwal kept under CCTV surveillance in jail
SC imposes Rs 5 lakh costs on Centre for filing frivolous petition
Firing outside Salman Khan’s residence: Cops arrest 2 more from Punjab who supplied weapons to shooters
BJP’s progress stalled in resolving Darjeeling hills political issue: Congress
People urged to reject BJD for Odisha’s progress: Shah
MUST WATCH
Latest Additions
AAP’s Sanjay Singh writes to PM, LG; alleges Kejriwal kept under CCTV surveillance in jail
Orange alert: Karnataka State Disaster Management cell issues animated advisory
PM Modi to begin 2-day whirlwind campaign in Karnataka from Apr 28
SC imposes Rs 5 lakh costs on Centre for filing frivolous petition
Lokayukta raids Ballari Urban Development Authority, uncovers corruption scandal