General

Vijay Mallya’s plea rejected by Supreme Court, fined Rs. 10 lakh

Author : NewsGram Desk

New Delhi: In a setback to liquor baron Vijay Mallya, the Supreme Court on Monday rejected his plea challenging the criminal proceedings for willfully disobeying an Enforcement Directorate summons relating on payment of $200,000 to a British company for displaying the Kingfisher logo during 1996-98 Formula 1 events.

An apex court bench of Justice J.S. Kehar and Justice Adarsh Kumar Goel also fined Mallya Rs.10 lakh.

Mallya had challenged a Delhi High Court verdict turning down his plea against the ED summons for violating the now defunct Foreign Exchange Regulation Act.

(IANS)

Subscribe to our channels on YouTube and WhatsApp

Download our app on Play Store

Also Read

Why Are So Many IIT Teaching Posts Vacant? IITs Battle Faculty Crisis as 4,804 Teaching Posts Remain Vacant Across India

No Organs Found in Indian Sailor's Body: Second Autopsy Reveals Shocking Details About Rakesh Chauhan's Death in Venezuela, Family Demands Probe

Lohagad Fort: Where the Story of Valor and Betrayal Resonates

Marriage Certificate Not Enough: Gujarat High Court Says Hindu Marriage Invalid Without Essential Rituals Like Saptapadi

Chetan Bhagat’s Take on Indian ‘Mommies and Daddies’ Constantly Tailing Their Children’s Lives Amid the Ketan Agarwal Murder Case Divides the Internet