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

Almost Everyone Naturally Turns Left When Walking – and We Still Have No Idea Why

Amnesty Decries ‘Blatant Attack’ on Right to Assembly Amid Crackdown on India Election Protests

Social Media Hasn’t Killed Personal Style, It’s Killed How We Communicate It

How a Sikh Youth Who Was Cheated of ₹10 in 1932 Became Delhi Deputy Commissioner and Recovered the Amount With Interest Decade Later: The Untold Story of Mohinder Singh Randhawa

Windows Broken, Shards Scattered: Shri Swaminarayan Temple in Ohio Vandalized; Hindu Groups in US Call Act “Hindu-phobic” and a "Hate Crime," Demand Strict Action