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

AI-Generated Documents, Luxury Cars and  Pakistan Links: 5 People Who Were Arrested for Posing as Fake IAS and IPS Officers

Ram Mandir Donation Row LIVE Updates: Head of Ram Niwas Temple Alleges Champat Rai and 'his gang' Illegally Took Trust's Control

DELUSIONAL TAKE: “Siya’s extreme behaviour is being justified by some as being the last resort of a trapped girl who wanted out but was denied choice,” Writes Columnist Shobhaa De

How Google and AI Nearly Made a Seasoned Reporter Spiral

How Lohagad Fort Became 'Siya Point': What Is Dark Tourism, the $32.8 Billion Industry Drawing Millions to Tragedy Sites?