Vijay Mallya says he cannot be said to have ‘refused to return to India’ as he is cooperating in his extradition case. “We have sent Mallya several summonses and notices to be present at Karnataka high court but neither he nor his counsel has appeared even once. “We were asked to attend this hearing by Karnataka high court as an official liquidator, an agent of the court and custodian of the interest of secured and unsecured creditors. “Whatever properties we had attached as lenders, ED has gone ahead and taken possession of those properties and hence we are in court,” argued the SBI counsel. The commercial court, part of the high court in London, also granted permission to an enforcement officer to enter the 62-year-old tycoon’s properties in Hertfordshire, near London.

Source: Mint September 24, 2018 18:22 UTC