New Delhi: The Supreme Court today dismissed fugitive Indian liquor tycoon Vijay Mallya’s review petition against a May 2017 judgment of the apex court. That order had held him guilty of contempt of court for violating its orders and those of the Karnataka High Court.
A bench of Justices UU Lalit and Ashok Bhushan while refusing to re-examine its verdict to convict Vijay Mallya for contempt of court and dismissing his plea has said that his petition has no merit.
The Court on August 27 had reserved its judgment in a review petition filed by fugitive Vijay Mallya against his conviction in a 2017 contempt of court case.
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The apex court in May 2017 had found Mallya guilty of contempt of court in a plea filed by a consortium of creditors led by State Bank of India (SBI). The plea alleged that Mallya had disobeyed the court’s orders by making “vague and unclear disclosure of his assets” by transferring a $40 million from Diageo Plc. to his his son Siddharth and daughters Leanna and Tanya and violated the orders passed by the Karnataka High Court. The High Court had specifically ordered Mallya not to transfer or alienate any movable and immovable assets to any person.