Contempt case: Supreme Court to sentence fugitive businessman Vijay Mallya on Monday

Contempt case: Supreme Court to sentence fugitive businessman Vijay Mallya on Monday

The Supreme Court will sentence Vijay Mallya on July 11. (file)

New Delhi :

The Supreme Court will sentence fugitive businessman Vijay Mallya in the contempt of court case on July 11. A three-judge bench headed by Justice U U Lalit will pronounce the verdict. On March 10, the court had reserved the verdict on Mallya’s sentence. Earlier, on 9 May 2017, the Supreme Court held Mallya guilty of contempt of court as he had not given full details of the assets. The court had ordered to appear in the Supreme Court on 10 July 2017.

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In fact, on 9 April 2017, the Supreme Court had reserved its order on contempt of court against Vijay Mallya and US $ 40 million received by Mallya from the Diego Deal. Banks had demanded that the US$40 million received from the Diego deal be deposited in the Supreme Court registry. During the hearing, the Supreme Court had asked Mallya whether the information you had given about your properties in the court was correct or not? Have you not violated the order of Karnataka High Court? Because the Karnataka High Court had said in its order that Mallya cannot do any transaction without the permission of the court.

The Supreme Court had asked the central government how the court’s order against Mallya could be implemented. The Center told the Supreme Court that efforts are being made to bring Mallya back. At the same time, SBI had told the Supreme Court that Mallya owes Rs 9,200 crore. The banks had said that Mallya’s petition should not be heard as he is repeatedly violating the order of the court. Vijay Mallya told the court that he does not have enough money to pay the bank’s loan of Rs 9200 crore, as all his properties have already been confiscated.

During the hearing, on March 10, the Supreme Court had asked amicus curiae Jaideep Gupta to file written arguments by March 15. Mallya’s lawyer Ankur Sehgal was also given a last chance to file written arguments. During the hearing, Justice U U Lalit had said that from the communication we come to know that some secret proceedings of judicial nature are going on and we also have an impression that he is a free person and is not in the custody of any person.

Amicus curiae Jaideep Gupta had said that he is not in anyone’s custody, he is a free man, perhaps the only reason is that some proceedings are pending, which will decide whether the person is to be extradited or not. He said about Mallya that he has been in the news, because his London bungalow was to be auctioned by a bank and he was negotiating with the bank.

On this, Justice PS Narasimha said that the proceedings were initiated by the Department of the Government of India, which is taking action from time to time.

At the same time, Justice S Ravindra Bhat had asked, do you intend to strangle him financially? In the hearing, the Supreme Court had given Vijay Mallya a last chance to respond and said that it would be decided to proceed with the issue of punishment only in Mallya’s absence. The Supreme Court had said that if Mallya does not present his case, the court will proceed to take the matter to its logical conclusion.

While on February 10, the Supreme Court had given Vijay Mallya the last chance to reply, the Supreme Court had said that Mallya was free to answer the directions of the court. Otherwise, it will be decided to proceed on the issue of punishment only in Mallya’s absence, if Mallya does not present his side, then the court will proceed to take the matter to its logical conclusion.

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