The Supreme Court on Friday said it would pronounce a sentence on contempt charges against UB Group chairman Vijay Mallya only after he is produced in court.
“We want you to produce him and as and when that happens, we will take this forward,” said a bench headed by JusticeAdarshGoel.
Mallya is currently in the United Kingdom where he is facing extradition proceedings.
The Supreme Court on Friday said it would pronounce a sentence on contempt charges against UB Group chairman Vijay Mallya only after he is produced in court. “We want you to produce him and as and when that happens, we will take this forward,” said a bench headed by JusticeAdarshGoel.
Attorney general KK Venugopal, appearing for the centre, informed the court that steps to bring Mallya back to the country were under way and extradition proceedings had been initiated.
His personal appearance was sought on a plea by a consortium of creditors led by State Bank of India (SBI), which argued that Mallya had disobeyed court orders by making “vague and unclear disclosure of his assets”, by transferring a $40 million payment from Diageo Plc to his children, and by ignoring summons to appear in court.
Contempt of court is an offence punishable by a maximum imprisonment of six months or a fine of up to ₹2,000 or both.
Source: H T
