The Supreme Court today issued notice to industrialist Vijay Mallya on petitions filed by consortium of banks seeking disclosure of his assets and seizure of his passport. The court has sought a response from Mallya within two weeks on its notice.
In the hearing, Attorney General Mukul Rohatgi, citing CBI inputs, told the court that Mallya left the country. He told the court that Mallya’s assets abroad are far in excess to loans taken by him.
The court also questioned the banks why loans were given to Mallya when he was defaulter and was facing proceedings in court of law. The court allowed that the notice be served to Mallya through his official email ID through Indian High Commission at London & his counsel.
