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Supreme Court to give verdict on fugitive Vijay Mallya's petition on Monday, know the case

Supreme Court to give verdict on fugitive Vijay Mallya's petition on Monday, know the case. The Supreme Court will give its verdict on August 31 on a review petition of fugitive businessman Vijay Mallya. In fact, Vijay Mallya transferred $ 40 million to his children in the midst of the trial. On which in May 2017, the Supreme Court held him guilty of contempt of court.

Saturday, August 29, 2020

/ by Avishek Bera
Supreme Court, Bank defaulter, Vijay Mallya, India, indian news, News cover, the news cover

The News Cover: The Supreme Court will give its verdict on August 31 on a review petition of fugitive businessman Vijay Mallya. In fact, Vijay Mallya transferred $ 40 million to his children in the midst of the trial. On which in May 2017, the Supreme Court held him guilty of contempt of court. 

The Supreme Court reserved the decision after hearing

Vijay Mallya filed a review petition against this order of the Supreme Court. The bench of Justices UU Lalit and Ashok Bhushan reserved their verdict after hearing through video conferencing on Thursday and announced that it would pass its judgment on Monday. The court also said here that there are two major charges against Vijay Mallya. Jimsen's one allegation is that he did not disclose his assets and another tried to hide the assets incorrectly. 

40 million dollars was transferred to his children.

He is currently living in the UK. The Supreme Court gave the decision against Vijay Mallya in May 2017 on the petition of banks. Banks said that defaulter Vijay Mallya secretly transferred $ 40 million from British firm Diageo to his children's names instead of paying the arrears. 


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