Supreme Court holds Vijay Mallya guilty of contempt

Update: 2017-05-09 05:21 GMT
Supreme Court holds Vijay Mallya guilty of contempt

New Delhi: Supreme Court on Monday holds the beleaguered liquor baron Vijay Mallya guilty of contempt on plea by consortium of banks.

The apex court has asked the troubled businessman to appear in person before the court on July 10.

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A bench of Justice Adarsh Kumar Goel and Justice Uday Umesh Lalit gave Mallya an opportunity to present his case on July 10, when the case will next be heard.

The court order came on a petition by a consortium of 13 banks led by State Bank of India seeking the recovery of more than Rs 6,000 crore that they had given to now grounded Kingfisher Airlines.

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