SC Reserves Order On Punishment In Contempt Case Against Vijay Mallya
New Delhi: The Supreme Court on Thursday, March 10 reserved its verdict on the quantum of the sentence against fugitive businessman Vijay Mallya in a contempt case where he has been found guilty.
Mallya is an accused in bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines,
A bench comprising Justices U. U. Lalit, S. Ravindra Bhat and P.S. Narasimha reserved the judgement after hearing senior advocate and amicus curiae Jaideep Gupta on various aspects related to the contempt law.
It even permitted the counsel, who was earlier representing Mallya, to file written submissions, if any, in the case by Tuesday.
Observing that it had waited sufficiently long, the bench, on February 10, had fixed the contempt case against Mallya for hearing and had given him one last opportunity to appear before it, either personally or through his lawyer.
Mallya was held guilty of contempt in 2017 and the matter was to be listed thereafter to hear him on the proposed punishment to be awarded.
The top court had, in 2020, dismissed Mallya's plea seeking a review of its 2017 verdict which held him guilty of contempt for transferring $40 million to his children in violation of court orders.
(PTI)
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