New Delhi: The Supreme Court said Tuesday the contempt matter involving fugitive businessman Vijay Mallya, accused in bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines, will be dealt with finally January 18 next year. Observing that the Supreme Court has waited ‘sufficiently long’, a bench headed by Justice UU Lalit said, “We can’t be waiting any longer now.” The bench noted that Vijay Mallya was held guilty of contempt in 2017. If for any reason, Mallya is not present before the court, lawyer on his behalf can advance submissions. The top court requested senior advocate Jaideep Gupta to assist it as an amicus curiae in the matter. The Supreme Court had earlier dismissed Mallya’s plea seeking review of its 2017 verdict which held him guilty of contempt for transferring USD 40 million to his children in violations of the court orders.

Source: dna November 30, 2021 10:39 UTC