In New Delhi: The Supreme Court sentenced fugitive businessman Vijay Mallya to 4 months jail term and charged a fine of Rs 2000 on him. In 2017, Mallya was found guilty of contempt of court for failing to provide the court with information.
The court further ordered Mallya to return USD 40 million with interest within four weeks, failing which his possessions will be seized. The court also fined Mallya Rs 2000.
In a hearing earlier on July 9, the Supreme Court noted that Mallya acts like "a free person" in the United Kingdom and that no information was provided regarding the procedures involving Mallya there.
Senior attorney Jaideep Gupta, who was the bench's amicus curiae in the case, claimed that Mallya was found guilty on two counts: failing to disclose his assets and disobeying express orders of restraint issued by the Karnataka High Court.
The top court last year opted to move forward with the hearing on the severity of Mallya's penalty in the contempt case against him despite declaring that it had waited "long enough" and couldn't "wait further today."
Because Mallya transferred USD 40 million to his children against the court's ruling, the top court found him in contempt of court and repeatedly requested his appearance. On February 10, the Supreme Court gave Mallya his final two weeks to personally appear in court or through counsel in the contempt case brought against him; and if he fails to do so the Apex court will take the matter to the logical conclusion.
'Islamic law can't save accused from POSCO's action..,' Delhi HC's big statement
This famous actor was jailed for 2 years, know what's the matter?
Mohammed Zubair gets interim bail, but SC places this condition