Vijay Mallya was held guilty of contempt of court by the top court for transferring USD 40 million to his children, which was in violation of previous court orders.
British High Commissioner Sir Philip Barton Thursday assured that the UK is determined to ensure that criminals can't escape justice by crossing national borders.
A top court bench directed the registry to furnish all details including names of officials who had dealt with the file concerning the review petition for last three years.
The ruling came hours after Mallya asked the Indian government to accept his offer to repay 100 per cent of his loan dues and close the case against him.
The business tycoon had 14 days to file this application to seek permission to move the higher court on the High Court judgment from 20 April, who dismissed his plea.
'I feel vindicated,' says former CBI special director Rakesh Asthana, who led SIT against Vijay Mallya, as UK High Court dismisses the extradition plea.
Vijay Mallya also claimed that ED, CBI have treated him 'unreasonably' and also offered to repay banks 100 per cent of the principal amount owed to them.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
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