Supreme Court Adjourns Vijay Mallya's Plea Seeking Review of 2017 Order of Holding Him Guilty of Contempt

New Delhi, Aug 6: The Supreme Court on Thursday adjourned to August 20 hearing on a plea filed by fugitive businessman Vijay Mallya seeking a review of its May 2017 order holding him guilty of contempt for transferring USD 40 million to his children in violation of the court's order.

A bench of Justice UU Lalit and Justice Ashok Bhushan adjourned the matter for August 20 as a document was not available in the case file and asked Mallya's lawyer to bring it on record.

Mallya is an accused in a bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines and is presently in the United Kingdom. Vijay Mallya Shares Kingfisher Lockdown the King of Good Times Ad Video, Twitterati Asks ‘When Are You Coming Back to India?’ (Check Tweets).

The Supreme Court had issued its May 9, 2017, order on a plea by a consortium of banks led by the State Bank of India (SBI), claiming he had allegedly transferred USD 40 million received from British firm Diageo to his children in "flagrant violation" of various judicial orders.

Earlier, the apex court had asked Mallya about the "truthfulness" of his disclosure of assets and the transfer of money to his children.nAt that time, the top court was dealing with pleas of lending banks seeking contempt action and a direction to Mallya to deposit USD 40 million received from offshore firm Diageo to the banks respectively.

The banks had then accused Mallya of concealing the facts and diverted the money to his son Siddharth Mallya and daughters Leanna Mallya and Tanya Mallya in flagrant violation of the orders passed by the Karnataka High Court.