Vijay Mallya

SC sentences Vijay Mallya to 4 months in jail in contempt case
11 Jul

SC sentences Vijay Mallya to 4 months in jail in contempt case

editorPolitical,
The Supreme Court on Monday sentenced fugitive financial criminal Vijay Mallya to 4 months in jail in a contempt of court case for not only disclosing his assets and secretly transferring $40 million to his family members. Malia will serve the detention center term when she is brought back to India. A bench led by Justice Uday U Lalit additionally ordered Mallya to deposit $40 million with the court docket within four weeks with 8% annual entertainment, failing which the court said attachment proceedings would be initiated. A bench comprising Justices S Ravindra Bhat and PS Narasimha emphasized that Mallya…
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ED confiscated Rs 18,000 crore from Vijay Mallya, Nirav Modi, Mehul Choksi: Govt tells SC
24 Feb

ED confiscated Rs 18,000 crore from Vijay Mallya, Nirav Modi, Mehul Choksi: Govt tells SC

editorIndia, ,
The Government of India submitted before the Supreme Court that Enforcement Directorate has confiscated around Rs 18,000 crore from Vijay Mallya, Nirav Modi, and Mehul Choksi. Solicitor General Tushar Mehta appearing for the Central government said that this Rs 18,00 crore has been confiscated orders of the courts following the due procedure in money laundering cases. The statements were made to a bench of Justices A M Khanwilkar, Justices Dinesh Maheshwari, and C T Ravikumar hearing a batch of petitions challenging certain provisions of the Prevention of Money Laundering Act. In the proceedings, SG apprised the Court about some of…
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