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

Pskov’s Medieval Religious Art is Being Appropriated by the Russian State to Support the Invasion of Ukraine

Bangladesh has Lost 900 Children to Measles – a Warning to Other Countries Where Vaccine Rates Have Slipped

Three Ts Will Dominate Trump‑Xi Summit – But Expect Little Movement on Trade, Less on Taiwan and Who Knows on Tech

Paltry Concessions Given to Secure Paramount-Warner Merger Deal Decried as ‘Meaningless Bullshit’

Forgotten Mozart Notebook Reveals How a Young Woman Learned to Compose