Big Surprise For Vijay Mallya, Appeal Against Extradition to India

Fugitive liquor entrepreneur Vijay Mallya has received a backlash from a London court. In London’s High Court, Mallya has appealed against his extradition to India, where he has lost. The 64-year-old former head of Kingfisher Airlines appealed to the High Court against his extradition to India in February this year, the verdict of which came today. At the Royal Court of London, two members of the Panel of Judges Stephen Irwin and Judge Elizabeth Ling rejected Mallya’s appeal.

Meanwhile, a source at the investigative agency was quoted as saying that according to the London justice system, Vijay Mallya could appeal against HC’s order in SC within 14 days. If he doesn’t appeal within the stipulated time frame, we will start the extradition process.

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Earlier, on April 10, while granting waivers to liquor baron Vijay Mallya, the High Court in London adjourned the hearing of a petition by the SBI-led group of Indian banks seeking to declare a debt-ridden businessman bankrupt. This was done so that debts of around 1.145 billion pounds could be recovered from it.

While providing assistance to Mallya, Judge Mike Briggs of the bankruptcy branch of the High Court said that he should be given time until his petition at the Supreme Court of India and its settlement proposal before the Karnataka High Court is finalized. Judge Briggs of the ‘Chief Insolvency and Company Court’ has said in his judgment that there is currently no reason to give the bank the opportunity to take such action.

Let me tell you that a group of Indian public sector banks under the leadership of the State Bank of India have requested to declare Mallya bankrupt so that an outstanding debt of around 1.145 billion pounds can be recovered on it.

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