{"id":129901,"date":"2017-05-09T14:05:58","date_gmt":"2017-05-09T08:35:58","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=129901"},"modified":"2017-05-24T13:43:08","modified_gmt":"2017-05-24T08:13:08","slug":"vijay-mallya-found-guilty-of-contempt-to-appear-before-the-supreme-court-on-10-07-2017","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2017\/05\/09\/vijay-mallya-found-guilty-of-contempt-to-appear-before-the-supreme-court-on-10-07-2017\/","title":{"rendered":"Vijay Mallya found guilty of contempt; to appear before the Supreme Court on 10.07.2017"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Supreme Court<\/strong>: Finding Vijay Mallya guilty of contempt of court, the Bench of A.K. Goel and U.U. Lalit, JJ directed him to appear before the Court on 10.07.2017 in order to give him an opportunity to be heard before deciding the quantum of punishment. The Court said that Vijay Mallya is guilty of disobeying the Orders passed by this Court in not disclosing full particulars of the assets.<\/p>\n<p style=\"text-align: justify;\">A consortium of banks sought relief from the Court after Vijay Mallya, who owes more than Rs. 9000 crores to the banks, instead of repaying his debts, transferred a huge sum of $40 million to his children. It was alleged by the banks that said transfer was not only in contempt of the Orders passed by the Karnataka High Court but was also an attempt to subvert the Course of Justice by diverting the funds to shield them from ongoing recovery proceedings.<\/p>\n<p style=\"text-align: justify;\">The High Court of Karnataka had passed an interim order restraining the respondent from transferring, alienating, disposing or creating third party rights in respect of movable as well as immovable properties belonging to them until further. Hence, in the light of the transfer of a huge sum to the children of Vijay Mallya, the Court also held him guilty of violating the express Orders of Restraint passed by the High Court of Karnataka.<\/p>\n<p style=\"text-align: justify;\">The Court said that though Vijay Mallya has not filed any reply to the Contempt Petition nor had he appeared in person but it necessary to give him one more opportunity and also hear him on the proposed punishment and hence, he should personally appear before the Court on 10.07.2017. [State Bank of India v. Kingfisher Airlines,<a href=\"http:\/\/www.scconline.com\/LoginForNewsLink\/wJFHJJMx\"> 2017 SCC OnLine SC 554<\/a>, order dated 09.05.2017]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Supreme Court: Finding Vijay Mallya guilty of contempt of court, the Bench of A.K. Goel and U.U. Lalit, JJ directed him to <\/p>\n","protected":false},"author":121,"featured_media":154914,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,9],"tags":[2564,4871,17281],"class_list":["post-129901","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casebriefs","category-supremecourt","tag-Contempt","tag-debt-recovery","tag-vijay-mallya"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Vijay Mallya found guilty of contempt; to appear before the Supreme Court on 10.07.2017 | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2017\/05\/09\/vijay-mallya-found-guilty-of-contempt-to-appear-before-the-supreme-court-on-10-07-2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vijay Mallya found guilty of contempt; to appear before the Supreme Court on 10.07.2017\" \/>\n<meta property=\"og:description\" content=\"Supreme Court: Finding Vijay Mallya guilty of contempt of court, the Bench of A.K. 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Goel and U.U. Lalit, JJ which found Vijay Mallya guilty of contempt of court in the case filed by a consortium of banks that sought relief from\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":142441,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/07\/14\/government-fails-to-produce-vijay-mallya-before-the-supreme-court-matter-adjourned\/","url_meta":{"origin":129901,"position":1},"title":"Government fails to produce Vijay Mallya before the Supreme Court; matter adjourned","author":"Prachi Bhardwaj","date":"July 14, 2017","format":false,"excerpt":"Supreme Court: The Court was forced to adjourn the contempt case against Vijay Mallya as the Government failed to produce him before the Court.\u00a0Attorney General KK Venugopal, appearing for Centre told the Court that Vijay Mallya's extradition proceedings being conducted in UK Court and would most likely end by December\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/09\/Supreme-Court_Colour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":269928,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/07\/12\/vijay-mallya-four-months-imprisonment-2000-fine-transferred-money-deposit-with-8-percent-interest-per-annum-supreme-court-contempt-legal-updates-news-research\/","url_meta":{"origin":129901,"position":2},"title":"Four months in prison; Rs. 2000 fine for Vijay Mallya for contempt; US$40 million to be deposited by him and beneficiaries at 8% interest per annum","author":"Prachi Bhardwaj","date":"July 12, 2022","format":false,"excerpt":"Supreme Court observed that Vijay Mallya \u201cnever showed any remorse nor tendered any apology for his conduct\u201d of transferring a huge sum of US$40 million to his children instead of repaying his debt of more than Rs. 9000 crores to the banks.","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/MicrosoftTeams-image-21-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/MicrosoftTeams-image-21-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/MicrosoftTeams-image-21-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/MicrosoftTeams-image-21-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/MicrosoftTeams-image-21-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":228518,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/04\/20\/breaking-uk-high-court-dismisses-extradition-appeal-of-vijay-mallya\/","url_meta":{"origin":129901,"position":3},"title":"BREAKING | UK High Court dismisses extradition appeal of Vijay Mallya","author":"Bhumika Indulia","date":"April 20, 2020","format":false,"excerpt":"Fugitive businessman Vijay Mallya's appeal in the UK High Court with regard to extradition to India has been dismissed. A Single Judge Bench comprising of Senior District Judge (the Chief Magistrate) Emma Arbuthnot accepted the Government of India\u2019s (GoI) extradition request for tycoon Vijay Mallya to face trial on charges\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/01\/Vijay-Mallya.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/01\/Vijay-Mallya.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/01\/Vijay-Mallya.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/01\/Vijay-Mallya.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/01\/Vijay-Mallya.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":216399,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/03\/vijay-mallya-has-been-granted-permission-to-appeal-against-his-extradition-order-to-india\/","url_meta":{"origin":129901,"position":4},"title":"Vijay Mallya granted permission to appeal against his extradition order to India","author":"Bhumika Indulia","date":"July 3, 2019","format":false,"excerpt":"As reported by TOI, London High Court allows tycoon Vijay Mallya to appeal against his extradition order as no prima facie case is made out against him. Of the five arguments made by Mallya's lawyer, judges accepted only one \u2014 that no prima facie case of fraud and money laundering\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/01\/Vijay-Mallya.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/01\/Vijay-Mallya.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/01\/Vijay-Mallya.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/01\/Vijay-Mallya.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/01\/Vijay-Mallya.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":229529,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/05\/14\/breaking-vijay-mallya-not-allowed-to-appeal-in-uk-sc-against-his-extradition-to-india\/","url_meta":{"origin":129901,"position":5},"title":"BREAKING | Vijay Mallya not allowed to appeal in UK SC against his extradition to India","author":"Bhumika Indulia","date":"May 14, 2020","format":false,"excerpt":"Vijay Mallya denied leave to appeal in UK Supreme Court against ruling with regard to his extradition today. As reported by NDTV, \"The decision ends his legal options to challenge his extradition. Under the India-UK Extradition Treaty, the UK Home Office of minister Priti Patel is now expected to formally\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/01\/Vijay-Mallya.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/01\/Vijay-Mallya.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/01\/Vijay-Mallya.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/01\/Vijay-Mallya.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/01\/Vijay-Mallya.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/129901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/121"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=129901"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/129901\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/154914"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=129901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=129901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=129901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}