” The transaction, where Vijay Mallya transferred 40 million USD from the sale of the United Breweries property to his children, was void. “ New Delhi: Resuming after 50-day summer vacation, the Supreme Court on Monday imposed four months imprisonment on fugitive businessman Vijay Mallya for contempt of court. A... The post appeared first on .

New Delhi [India], July 11 (ANI): The Supreme Court on Monday awarded four months in jail to fugitive businessman Vijay Mallya who was found guilty of contempt of court in 2017 for withholding information from the court.

 ” The transaction, where Vijay Mallya transferred 40 million USD from the sale of the United Breweries property to his children, was void. “ New Delhi: Resuming after 50-day summer vacation, the Supreme Court on Monday imposed four months imprisonment on fugitive businessman Vijay Mallya for contempt of court. A... The post appeared first on .

New Delhi [India], July 11 (ANI): The Supreme Court on Monday sentenced fugitive businessman Vijay Mallya to four months jail term and imposed a fine of Rs 2000 on him. Mallya was found guilty of contempt of court in 2017 for withholding information from it.

New Delhi [India], July 9 (ANI): In a contempt case against fugitive businessman Vijay Mallya who was found guilty of contempt of court in 2017 for withholding information from the court, the Supreme Court will pronounce its order on July 11.

New Delhi Apr 22 PTI India and the UK on Friday decided to set up a task force on countering extremist elements such as pro-Khalistan groups operating in Britain with British Prime Minister Boris Johnson asserting that his country does not tolerate such elementsAfter holding wide-ranging talks with Prime Minister Narendra Modi Johnson also said that economic fugitives seeking to use the British legal system to evade the law in India are not welcome in BritainAt a press conference Johnson said the UK government has ordered the extradition of economic offenders wanted in India but legal technicalities are making the process difficultAsked about concerns over reports of human rights violations and the rise of Hindu nationalism in India Johnson said the UK raises these issues in a friendly way but added that India is a great democracy and it has constitutional protection for its communitiesOn our relations with India and how we deal with questions around human rights and democratic values of course we have these conversations but the advantage of our friendship is that we can have them and we can have them in a friendly and private way he saidIts very important to realise that India has constitutional protections for communities India is very very different from autocracies around the world It is a great democracy It is a stunning shining fact that 135 billion people live under a democracy and thats something we should celebrate Johnson saidIt offers I say an opportunity for closer cooperation and partnership that doesnt mean I am not going to raise tough consular questions he saidTo a question on concerns in India over Khalistani elements operating from the UK Johnson said his country has a very strong view on extremist groupsWe have a very strong view on it in the UK We dont tolerate extremist groups setting up in the UK with a view to threatening other countries threatening IndiaWhat we have done particularly as a result of this visit is set up an anti-extremism task force to see what more we can do to help India in that aspect he said Asked about the extradition of economic offenders Nirav Modi and Vijay Mallya to India Johnson said legal technicalities have made it very difficultI think there are legal technicalities that have made it very very difficult but what I can tell you is the UK government has ordered their extradition and we have said that from our point of view we want them to be taken back to India for trial he saidWe dont welcome people who want to use our legal system to evade the law here in India the British prime minister saidAt a separate media briefing Foreign Secretary Harsh Vardhan Shringla said India has been pursuing the issue of economic offenders with the UKOur objective is to bring back those economic fugitives who are wanted in India to face justice in the country The matter did come up in todays talks It was conveyed that this is a high priority he saidPTI MPB NSD NSD NSD

New Delhi [India], April 22 (ANI): UK Prime Minister Boris Johnson on Friday said that his government has ordered the extradition of economic fugitives wanted by India but there are legal technicalities that made the task "very difficult".

New Delhi [India], April 22 (ANI): Pro-Khalistan and other extremist groups in the United Kingdom may face heat in the coming days. British Prime Minister Boris Johnson, during his visit to India, announced that the UK has set up Anti-Extremist Task Force.

New Delhi [India], April 22 (ANI): The issue of economic fugitives figured in talks British Prime Minister Boris Johnson had with Indian leaders here with the government conveying that the extradition of these offenders is a high priority as they need to be back to face the justice system.

New Delhi Mar 22 PTI The government on Tuesday said assets worth Rs 1911120 crore relating to fugitives Vijay Mallya Nirav Modi and Mehul Choksi have been attached so far In a written reply to the Rajya Sabha Minister of State for Finance Pankaj Chaudhary said that the three fugitives have defrauded public sector banks by siphoning off funds through their companies resulting in total loss of Rs 2258583 crore to the lenders as on March 15 2022 assets worth Rs 1911120 crore have been attached under the provisions of PMLA Prevention of Money Laundering Act he said Out of Rs 1911120 crore assets worth Rs 1511391 crore has been restituted to the public sector banks In addition the minister said assets worth Rs 33506 crore have been confiscated to Government of India As on March 15 2022 8461 per cent of the total defrauded funds in these cases have been attachedseized and 6691 per cent of total loss to the banks has been handed over to banksconfiscated to Government of India Chaudhary said The minister further said that it is pertinent to mention here that as on March 15 2022 the consortium of banks led by SBI has realised Rs 797527 crore by sale of assets handed over to them by the Directorate of Enforcement Prevention of Money Laundering Act 2002 PMLA and Fugitive Economic Offenders Act 2018 FEOA provide that the Special Court trying the offence may restore any propertyassets involved in money laundering to a third party claimant with legitimate interest including banks PTI NKD CS MR